I live in Vancouver BC, there is a provincial monopoly for car insurance ( ICBC) you must purchase this insurance to be on the roads legally. There is however an allowance after purchasing this insurance to have a second vehicle: in the same name and insurance values: for vintage vehicles(50 years with street legal modifications), vehicles that were produced 15,000 or less and vehicles 25 years and older that meet requirements. The last is why I employed CARFAX, they gave me the proof that I required to have this extremely reduced insurance price for an owner that is classified as a collector car. This vehicle must be in excellent condition viewed by pictures, no rust , dents or interior defects. I will pay $250.00 for this insurance while my premium for 1st car is $1,400.00
10 years ago
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