June 2006 Archives

The new commercial general liability form is developed by IAO some monthes ago.
Some companies took this new wording, some doesn't.
Some use all new wordings, some just use part of it.

In broker's side, they are very difficult to explain the difference of CGL coverages from different companies.

So as a insurance buyer, you have to ask what CGL they provide.

It is very important, don't forget to ask.

Worksafe BC and the trucking industry recently launched Canada's first highway safety corridor, Fraser Canyon Highway Safety Corridor.
The 192km corridor in Fraser Canyon, from Hope to Cache Creek, is set to represent a target for a new driver education program that will teach motorists to share the road with working truckers.
Recent safety initiatives from centre and shoulder rumble strips, to increased concrete barriers, new curve markers and truck rollover warning signs are the focus of the local ministry of highways office.
The Fraser Canyon Traffic Safety Committee, headed by Councillor Randy Bergstrom has been working along with ICBC's Mike Weightman on this initiative to raise awareness of the dangers of transport trucks.
The next steps in this initiative include upgrading the Anderson Creek bridge in respons to a surge in populaion nearby the Boston Bar area.
The program implements a cross-jurisdictional approach to improving highway safety, which may become a model of safety for the rest of Canada.

The following tips are applied in British Columbia only.
The biggest savings on your Autoplan premiums are earned through your claim record.
For each consecutive year of claim-free driving, you save more on your premium through our Claim-Rated Scale. You start at the base rate, and as of January 2001, you can gain an additional 5% discount each year up to a maximum of 40%.

The bad news is, if you have an at-fault or chargeable claim, you move as few as 3 or as many as 6 steps in the opposite direction on the Claim-Rated Scale. You lose part or all of any discounts you have, and may even have to pay a surcharge.
RoadStar savings - Once you've kept your record free of at-fault claims for at least 9 years, you are a RoadStar; for at least 15 years, a RoadStar Gold. That means you're eligible for more savings that will increase with every year that you keep your claim-free status.

RoadsidePlus - This great new package includes 8 coverages for 1 affordable price. Whether you're on the road close to home or far away, you can enjoy true peace of mind with RoadsidePlus.

Seniors' rate - Drivers who are 65 or over and use their vehicles for pleasure only may qualify for additional savings.

Anti-Theft Device Discount - If you install the right type of anti-theft device, you may save more on your premium.