ICBC location. File photo

ICBC told to change $50 unlisted driver protection fee

Attorney General David Eby has directed ICBC to refine three components to its revamped rate structure

The B.C. government has tasked ICBC with refining three components of its revamped rate model.

Changes include adjusting contentious unlisted driver protection, which is $50 in additional insurance for drivers who lend their car to friends and family fewer than 12 times a year.

The fee is optional, but when introducing it, ICBC had said not paying it could cost you.

The Justice Ministry has directed the corporation to instead allow vehicle owners to consider getting it only after the first crash involving an unlisted driver.

“This change will help with the transition to an updated model, where listing other drivers is a new concept,” the ministry said.

READ MORE: New ICBC rate structure moves ahead

Other requests include not incorporating the driving history of lower-risk drivers into a vehicle owner’s premium if they are not household members or employees. This is in a bid to prevent people from adding those drivers to their policies to artificially reduce their premium.

Drivers also need more time when deciding whether to repay claims and how that decreases or increases their premium, the government said. Those with claims made between Mar. 1, 2017 and Aug. 31, 2019 will have until Aug. 31, 2020 to make their decision.

Pending approval from the B.C. Utilities Commission, the changes will be in effect for policies beginning on or after Sept. 1.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Prince Rupert’s ferry issue is a North Coast issue, MLA Rice

Prince Rupert not alone in fight to save ferry to Ketchikan: Alaskan Rep. Ortiz

First Nations given max compensation for Ottawa’s child-welfare discrimination

2016 ruling said feds didn’t give same funding for on-reserve kids as was given to off-reserve kids

Power restored to 120,000 customers after northern B.C. transmission failure

Lightning is suspected to be the cause of the outage, says BC Hydro

Nuxalk Nation installs traditional stop signs

The signs are intended to encourage daily use of the language

Malakai Andy sets sail to Junior B Nanaimo Buccaneers hockey team

Andy is from the Nuxalk Nation and Williams Lake Indian Band

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

Conservatives promise tax cut that they say will address Liberal increases

Scheer says the cut would apply to the lowest income bracket

B.C. VIEWS: Cutting wood waste produces some bleeding

Value-added industry slowly grows as big sawmills close

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry

Some say the high cost of logs is the major cause of the industry’s decline in B.C.

Federal food safety watchdog says batch of baby formula recalled

The agency says it’s conducting a food safety investigation

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Coming Home: B.C. fire chief and disaster dog return from hurricane-ravaged Bahamas

The pair spent roughly one week on Great Abaco Island assisting in relief efforts

Newcomer Ferland lines up with sniper Pettersson as Vancouver Canucks camp opens

Ferland provides more depth and a scoring threat up front, Pettersson says

Intelligence official charged seemed to be ‘exemplar of discretion’: UBC professor

Professor Paul Evans says he served on Cameron Ortis’s doctoral dissertation committee

Most Read