Hi all, I'm looking to purchase my first Delica and thought this must be the place to start.
I'm thinking I could incorporate a company in BC (no Canadian residancy required) and rigister the Delica in the company's name. Anyone ever try this? I assume I can purchase a vehicle in a company's name.
I'm looking for a Delica because it's diesel, 4x4 and a van, just perfect for road trips. Looking to convert to WVO.
Hope to find a 7 seater L400 with the crystal lite roof (WVO converted would be cool), and preferably from a member here.
My name is Chris and I belong to a few Jeep clubs and enjoy 4 wheelin and also roadrace motorcycles. I currently race a Canadian model NS400R
New member in Cleveland Ohio looking to buy my first Delica.
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- loki
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Re: New member in Cleveland Ohio looking to buy my first Delica.
Scratcher wrote:Hi all, I'm looking to purchase my first Delica and thought this must be the place to start.
I'm thinking I could incorporate a company in BC (no Canadian residancy required) and rigister the Delica in the company's name. Anyone ever try this? I assume I can purchase a vehicle in a company's name.
I'm looking for a Delica because it's diesel, 4x4 and a van, just perfect for road trips. Looking to convert to WVO.
Hope to find a 7 seater L400 with the crystal lite roof (WVO converted would be cool), and preferably from a member here.
My name is Chris and I belong to a few Jeep clubs and enjoy 4 wheelin and also roadrace motorcycles. I currently race a Canadian model NS400R
It's worth looking into, I would imagine it would work, heck most, if not all, uhaul trucks and trailers are registered in Arizona but rarely if ever got there.
- jessef
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Re: New member in Cleveland Ohio looking to buy my first Delica.
Do you have a physical address in BC where the company is located ?
If not, then there are 3rd party companies that assist non-residents and can use their address as the registration point however I'd look into registering and insuring a vehicle in your name with someone else's address. I think liability issues can arise out of that.
with a Canadian vehicle registered/insured in Canada but used fulltime outside of Canada.
I'm sceptical because of the coverages issues.
It would suck if you get the Delica in an accident and are liable for damage.
Out of Province / Country Claims
If you are traveling in a foreign jurisdiction outside of British Columbia you may feel that if you are involved in a motor vehicle accident, ICBC is not involved in the process. However, ICBC is often involved in the process.
If you are driving an ICBC insured vehicle outside the Province and cause an accident then ICBC is very much involved in the defense of any claim advanced against you.
If you are driving a rental vehicle or a vehicle licensed outside the Province of British Columbia, ICBC may still be involved.
To start with, some of your insurance coverage applies out of Province especially if you are a Road Star individual. Check your insurance brochure for coverage details.
If you are injured outside the Province then you may still have access to ICBC coverage. In many jurisdictions in the United States, the amount of third-party liability coverage that is available to pay your damages suffered in an accident is very modest and sometimes as low as $10,000. Also, in the United States it is not uncommon for vehicles to be driven without insurance. In situation where there is not enough insurance coverage to pay the full extent of your damages, ICBC may have to compensate you for your damages under the underinsured motorist protection (“U.M.P.”) plan.
U.M.P. works like this. If you are involved in an accident with an uninsured/underinsured vehicle say in the United States and that vehicle is at fault for the accident, ICBC is required to provide U.M.P. coverage for the injured BC resident assuming the uninsured/underinsured driver cannot pay all the damages owing to the injured BC resident.
Please see the section on U.M.P. coverage for a full description.
In other situations where you are injured outside the Province, Part VII benefits (no-fault benefits) which cover disability benefits and medical expenses may not be available to the same extent as Part VII benefits available through ICBC. Your entitlement to Part VII benefits applies regardless of the location of the accident but Part VII benefits are secondary insurance meaning that you have to claim against other insurance first before going to ICBC for the Part VII benefits.
If the injury occurs in Saskatchewan, Manitoba, or Ontario, ICBC will have to comply with the legislated higher limits of coverage in those jurisdictions.
The best suggestion is that whenever you are involved in an out of province accident, you should contact ICBC and report the accident to dial-a-claim. It may be that any dealings you have with respect to this out of province accident do not involve ICBC but to be safe you should report the accident to ICBC.
If not, then there are 3rd party companies that assist non-residents and can use their address as the registration point however I'd look into registering and insuring a vehicle in your name with someone else's address. I think liability issues can arise out of that.
Talk with an ICBC rep and find out in writing if you are covered for liabilty/collision/comprehensive damages if you get into an accident in the USAProvide the British Columbia street address for the corporation's registered office. Post office box numbers are not allowed. If you don't have a BC address, or don't want to use the BC address that you do have, we can act as registered office for the corporation. We charge $150 a year, plus applicable tax and government filing fees for the annual report. Please tell us that you need this service when you order your BC corporation.
with a Canadian vehicle registered/insured in Canada but used fulltime outside of Canada.
I'm sceptical because of the coverages issues.
It would suck if you get the Delica in an accident and are liable for damage.
Out of Province / Country Claims
If you are traveling in a foreign jurisdiction outside of British Columbia you may feel that if you are involved in a motor vehicle accident, ICBC is not involved in the process. However, ICBC is often involved in the process.
If you are driving an ICBC insured vehicle outside the Province and cause an accident then ICBC is very much involved in the defense of any claim advanced against you.
If you are driving a rental vehicle or a vehicle licensed outside the Province of British Columbia, ICBC may still be involved.
To start with, some of your insurance coverage applies out of Province especially if you are a Road Star individual. Check your insurance brochure for coverage details.
If you are injured outside the Province then you may still have access to ICBC coverage. In many jurisdictions in the United States, the amount of third-party liability coverage that is available to pay your damages suffered in an accident is very modest and sometimes as low as $10,000. Also, in the United States it is not uncommon for vehicles to be driven without insurance. In situation where there is not enough insurance coverage to pay the full extent of your damages, ICBC may have to compensate you for your damages under the underinsured motorist protection (“U.M.P.”) plan.
U.M.P. works like this. If you are involved in an accident with an uninsured/underinsured vehicle say in the United States and that vehicle is at fault for the accident, ICBC is required to provide U.M.P. coverage for the injured BC resident assuming the uninsured/underinsured driver cannot pay all the damages owing to the injured BC resident.
Please see the section on U.M.P. coverage for a full description.
In other situations where you are injured outside the Province, Part VII benefits (no-fault benefits) which cover disability benefits and medical expenses may not be available to the same extent as Part VII benefits available through ICBC. Your entitlement to Part VII benefits applies regardless of the location of the accident but Part VII benefits are secondary insurance meaning that you have to claim against other insurance first before going to ICBC for the Part VII benefits.
If the injury occurs in Saskatchewan, Manitoba, or Ontario, ICBC will have to comply with the legislated higher limits of coverage in those jurisdictions.
The best suggestion is that whenever you are involved in an out of province accident, you should contact ICBC and report the accident to dial-a-claim. It may be that any dealings you have with respect to this out of province accident do not involve ICBC but to be safe you should report the accident to ICBC.
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Re: New member in Cleveland Ohio looking to buy my first Delica.
I would probably do some research on insurance companies in the various provinces, especially Ontario since you are so close. If you are unaware, in bc there is only ICBC for registering and basic insurance, they are famous for screwing over their customers and since they are backed by the provincial government we have no choice. Just a suggestion and good luck.