Once the purchase of your vehicle is complete and the financing is all done, it's time to drive home that fancy new or new to you car right? Not quite yet.
In British Columbia it is mandatory to carry insurance on your vehicles and there are choices to be made in this step too.
Most dealers will offer a complete range of services including insurance agents on site to help you with this process, most are knowledgeable and will ask all the questions and make recommendations to help you get the level of coverage you require.
Not too long ago, consumers had very little choice regarding insurance as ICBC had the market cornered and was the only insurer for your vehicles in the Province. Not anymore.
All basic insurance still has to be purchased from ICBC but now we have a number of other companies to choose from for buying the additional coverages we all need such as theft, collision, replacement coverage.
There are a number of good resources for researching this step such as:
ICBC: http://www.icbc.com
Canadian Direct Insurance: http://www.canadiandirect.com
BCAA: http://www.bcaa.com
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Insurance