Changes to ICBC Car Insurance

Although the senior rate class will no longer exist, seniors will also be rewarded with better discounts for their many years of driving experience.

If the claim is $2000 (including deductible) or less, you are still able to repay the claim in order to protect your premium.

**Any claims after March 1, 2017, can be repaid by August 31, 2020 regardless of the amount or if your premium has already been affected.**

Yes. If you have one serious offence such as distracted driving within a three year span, the cost of your premiums may increase.

If you commit at least two minor convictions such as speeding within a three year span, the cost of your car insurance may increase.

Unlisted Driver Protection protects you from a one-time financial consequence in the event that an unlisted occasional driver, with a valid driver’s licence, causes an accident in your car. 

This coverage does not extend to household members of vehicle owners, lessees or principal drivers. This coverage also does not apply for drivers who have driven the vehicle more than 12 days in the 12 months prior to the accident or people who have already had an at-fault accident in any of the owner’s vehicles.

Yes. Anytime you are changing listed drivers you are able to change the principal driver as well.

If your vehicle is equipped with an Autonomous Emergency Breaking system, you are eligible for a 10% discount on your basic premium.

To find out if you have AEB, you can check your ownership manual or ask your dealership.

Your broker can record a photo of your odometer reading when you renew this year. At the following annual renewal, if your vehicle was driven less than 5000 kilometers, a 10% discount will apply to your basic premium.