{"id":12632,"date":"2020-07-09T13:59:12","date_gmt":"2020-07-09T20:59:12","guid":{"rendered":"https:\/\/www.westerndriver.com\/?p=12632"},"modified":"2020-07-24T16:18:50","modified_gmt":"2020-07-24T23:18:50","slug":"bc-vehicle-owners-can-now-save-a-bit-of-tin","status":"publish","type":"post","link":"https:\/\/www.westerndriver.com\/?p=12632","title":{"rendered":"BC vehicle owners can now save a bit of \u2018tin\u2019"},"content":{"rendered":"

\"\"After years of the SVABC (Specialty Vehicle Association of BC) working in partnership with ICBC managers, policy and insurance specialists, the day has arrived when a surviving spouse in British Columbia can retain a vehicle\u2019s collector plate and not be required to reapply for collector status on the vehicle.<\/p>\n

This applies to both\u00a0regular plates, as well as collector plates.<\/p>\n

Due to the resources required to process these transactions, it is recommended that the insurance broker in BC be contacted\/visited between 8am to 4pm Monday to Friday, since brokers will not be able to process these plate transactions outside of these hours.<\/p>\n

Because the ability to retain the same plate on the vehicle is\u00a0limited to surviving spouses,\u00a0the insurance broker will need to see a marriage certificate in addition to the estate documentation.<\/p>\n

Additionally, surviving spouse who wishing to retain their deceased spouse\u2019s vehicle plate should attend their Autoplan broker\u2019s office\u00a0before<\/strong> the insurance expires. Plates with active insurance can be transferred on the\u00a0same day,\u00a0whereas\u00a0lapsed\u00a0plate transactions can take up to\u00a0three weeks.<\/p>\n

\"\"<\/a><\/p>\n

If the collector vehicle was registered in\u00a0both spouses\u2019\u00a0names, both spouses would have applied for collector status when the plate was issued so there is no need for a surviving spouse to\u00a0re-apply\u00a0for collector status.<\/p>\n

If the vehicle was only registered in the deceased spouse\u2019s name, the surviving spouse would need to apply and be approved for collector status before the collector plates could be retained for display on the vehicle.<\/p>\n

Estate planning tips<\/strong><\/p>\n