Rising auto insurance costs- Means LESS hiring young drivers

Rising auto insurance costs- Means LESS hiring young drivers

ICBC gives her a 40 per cent discount on her personal car insurance for having a clean driving record. But when her boss, Brad Hoy, decided to make her the principal operator of one of his logging trucks, the insurance quote jumped $8,000. Simply having her as an employee will likely increase the insurance on his entire fleet of five trucks, costing him an additional $20,000 this year.

It’s enough to make someone reconsider hiring a new truck driver, Hoy said Saturday from his home in Fort St. James.”I’m not that kind of guy, but it makes me wonder if others will avoid hiring young drivers.”

Hoy began Sabertooth Transport in 1993 with one truck. With the help of his wife Nadine, he’s since expanded to five trucks with five employees, including the 26-year-old Klassen. But as the B.C. forestry industry continues to struggle, there’s little chance he’ll make up the increased cost of insuring her.

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