Luxury Car Insurance

A high-value vehicle is a B.C. registered, private passenger luxury vehicle with a manufacturer’s suggested retail price of:

• over $150,000, with a model year that falls within seven years of the current year or
• over $400,000, with a model year that falls within 14 years of the current year.

It does not include commercial vehicles, motorcycles, trailers or recreational vehicles (RVs).

Please refer to the list of luxury vehicles to find out whether your luxury vehicle:

• is subject to mandatory Basic Autoplan insurance premiums for high-value vehicles and/or  

• requires an application to obtain ICBC own damage coverage through the Special Risk Own Damage Policy.