Special risk own damage coverage for luxury vehicles
If you own or lease one of these
luxury vehicles and want to buy the Special Risk Own Damage Policy in order to be covered for Collision, Comprehensive, or Specified Perils, you need to apply to ICBC.
It's a separate application from your Basic Autoplan insurance, and it's available through your Autoplan broker.
How to apply
Application for own damage coverage form
Take the completed form to your
Note: You have to do this in person — you can't designate someone else to sign the application and policy on your behalf.
Applying for special risk own damage coverage
Apply five business days before your current
policy expires or before you get your new vehicle. Otherwise, you could
find yourself without own damage coverage when you buy or renew your
What happens next
Your broker will send the completed form to ICBC. ICBC's underwriters will review your application. Once approved, they will advise your broker when the Special Risk Own Damage Policy is ready to be issued.