Vancouver BC Jennifer Wang. ICBC Insurance Company of British Columbia, can save the Families in BC, over $ 150 Million a year, if the Insurance business is open to other Private companies, like AAA, Allstate, Geico, State Farm and other Insurance companies, operating in Toronto, Ontario, claims, British Columbia Peoples Party president Vikram Bajwa.
ICBC is the richest provincial Insurance corporation in BC, Canada, with no competition what so ever and has raised the Car , Truck, SUV, Van Insurance , more than 35% in the last 5 years. BC Liberal party which recently regulated the Real Estate Industry and the House prices, in Vancouver, Victoria, Surrey, Richmond and other cities, has an uphill task in the Provincial Elections to the demands of Voters, who have been paying an average of $ 350- $ 700, per month in Costs, where as the same Families in Ontario are paying $ 200 a moth , for the same coverage.
” We plan to Incorporate into our 2017 Provincial Election platform, a Revised ICBC to benefit the Teachers, Truckers, Taxi Cab Drivers and Mom’s , who make the budget for their Insurance and Other Living Expenses”. Premier Christy Clark has failed to provide options for Insurance which have sky rocketed in the last 5 Year, said Mary Gibson , NDP Member”. We will hold NDP responsible, if they do not have an Insurance reduction in their 2017 Platform, said Trucker Manjit Sidhu of Surrey.
“Let ICBC Compete with other Insurance companies to save our British Columbia Families, live a better life”, is heading for Provincial Elections 2017, in BC. Both BC Liberals and NDP have not yet disclosed their platform on the issue, rapidly getting attention of Voters in BC. United Truckers voted in Favor of BC Peoples Party Agenda, for reducing Insurance rates in BC.