Consulting with Specialty Vehicle Appraisal unit

Policy on consulting with the Specialty Vehicle Appraisal (SVA) unit on a total loss vehicle.

Policy

Estimators and/or total loss handlers must contact the specialty vehicle appraisal (SVA) unit for direction when

  • handling a claim on a vehicle where coverage is provided under ICBC’s
    • Collector Motor Vehicle Agreed Value Policy (APV348) - Actual Cash Value
    • Modified Collector Vehicle Policy (MV1437) - Declared Value, or
    • Vintage Motor Vehicle Certificate (APV44) - Stated Value, and

  • the vehicle is

    • valued at $70,000 or more, and
    • potentially a total loss.
Note: Refer to Additional Coverages for information on collector or vintage vehicle policies.
Parent topic: Actual cash value policy