If your Tesla in British Columbia has optional coverage from belairdirect, you are going to need to start looking for a new insurance provider.
In a note posted to its website today, belairdirect says the recent regulatory changes made by ICBC have forced them to withdraw their optional auto, recreational vehicle, and motorcycle insurance offerings in the province.
For customers with existing policies, you can still renew until January 1, 2020. The insurance company will stop selling new policies on December 1, 2020.
This change is a big one for Tesla owners in B.C. as belairdirect offered very competitive rates on optional insurance coverage in the province.
We have covered insurance costs in B.C. before, and found that BCAA also offers competitive rates, including on their replacement cost policy. Your personal driving experience and where you live will have a big impact on how much you pay, so be sure to shop around for the best rates.
Do you currently have optional insurance coverage through belairdirect? Let us know how this impacts you in the comments below.