Transportation and Infrastructure

Government getting out of the business of insuring high-end luxury cars

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Transportation and Infrastructure

Government getting out of the business of insuring high-end luxury cars

Contacts
Media Relations
Government Communications and Public Engagement
Ministry of Transportation and Infrastructure
250 356-8241
Contacts
Media Relations
Government Communications and Public Engagement
Ministry of Transportation and Infrastructure
250 356-8241

Backgrounders

Top five highest repair costs (year-to-date 2016)

Vehicle year: 2015
Vehicle make: McLaren
Vehicle model: 650S
Total repair costs: $93,574
Actual cash value (ACV / Declared value (DV): DV of $405,697

Vehicle year: 2011
Vehicle make: Ferrari
Vehicle model: 458 Italia
Total repair costs: $88,481
Actual cash value (ACV / Declared value (DV): DV of $299,700

Vehicle year: 2016
Vehicle make: Maserati
Vehicle model: Gran Turismo
Total repair costs: $78,999
Actual cash value (ACV / Declared value (DV): DV of $215,654

Vehicle year: 2015
Vehicle make: Mercedes-Benz
Vehicle model: CLS63 AMG
Total repair costs: $76,796
Actual cash value (ACV / Declared value (DV): ACV of $120,952

Vehicle year: 2015
Vehicle make: Porsche
Vehicle model: 911
Total repair costs: $76,617
Actual cash value (ACV / Declared value (DV): ACV of $158,785  

Vehicle year: 2011
Vehicle make: Rolls Royce
Vehicle model: Phantom
Total repair costs: $76,474
Actual cash value (ACV / Declared value (DV): DV of $246,500   

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