Time to renew the insurance on my car (2005 Civic). I have basic coverage through ICBC. (Can't avoid that.) I go to renew my optional coverage with my private insurer, Coast Capital. WTF? They want 50% more than it cost last year and their quote is significantly higher than what the exact same optional coverage with ICBC costs. I don't think so. I look into another private insurance option and while it's cheaper than the quote CC offered it too is more expensive than ICBC. So, I get my optional coverage with ICBC.
I guess my experience with private insurance is what people in Ontario and the Maritimes have been complaining about with regards to their insurance rates. Can you imagine the outcry if ICBC jacked up rates 50% in one year? The government would get lynched.
Anyways, I thought I'd mention this for those of you who believe that private insurance is superior to ICBC. As my experience proves that's not always the case.
PS Oddly enough, I get my m/c coverage through CC and it was about the same cost as last year. Go figure.