ICBC rates go up 6.4 per cent Nov. 1

B.C. motorists will pay an average increase of $4.75 per month for basic insurance coverage

ICBC rates increase 6.4 per cent for basic coverage today.

Announced in September, Attorney General David Eby said the rate hike comes after ICBC recorded its largest loss in history.

The basic rate increase translates to $57 a year more for the average B.C. driver on basic insurance.

For drivers who also have ICBC’s optional insurance coverage, a series of quarterly increases in those rates mean the average driver will be paying $130 a year more by next year.

Drivers with at-fault crashes now also face steeper rate increases than are currently assessed.

With files from Tom Fletcher


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

“Does Kirby care?” Heiltsuk Nation using geo-targeted ads in Houston, Texas for justice

The Heiltsuk Tribal Council has called out Kirby Corporation for the Nathan E. Stewart oil spill

“No excuse” for killing of two young grizzly cubs

Reader hopeful someone will come forward with information

UPDATE: U.S. firm fined $2.9M for fuel spill that soiled B.C. First Nation territory

The Nathan E. Stewart spilled 110,000 litres of diesel and heavy oils in October 2016

No delivery services hard on local families

New parents Candace Knudsen and Bjorn Samuelsen spent five weeks away from home

Rich the Vegan scoots across Canada for the animals

Rich Adams is riding his push scooter across Canada to bring awareness to the dog meat trade in Asia

Japanese Canadians call on B.C. to go beyond mere apology for historic racism

The federal government apologized in 1988 for its racism against ‘enemy aliens’

B.C. VIEWS: NDP pushes ahead with Crown forest redistribution

This isn’t the time for a radical Indigenous rights agenda

Two dead in two-vehicle crash between Revelstoke and Golden

RCMP are investigating the cause of the crash

Ottawa fights planned class action against RCMP for bullying, intimidation

The current case is more general, applying to employees, including men, who worked for the RCMP

Alberta judge denies B.C.’s bid to block ‘Turn Off the Taps’ bill

He said the proper venue for the disagreement is Federal Court

Canadian high school science courses behind on climate change, says UBC study

Researchers found performance on key areas varies by province and territory

Six inducted into BC Hockey Hall of Fame

The 26th ceremony in Penticton welcomed powerful figures both from on and off the ice

Most Read