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Feedback Sought on ICBC Rate Fairness

Mar 5, 2018 | 4:21 PM

The BC government is looking for ways to change ICBC’s system so that good drivers are rewarded with lower rates, and bad drivers pay more.

Attorney General David Eby says a consultation process started today with the public asked to take a survey that will help design an improved  rating system, and make drivers more accountable for their decisions.

“This engagement is one way government is giving drivers the power to shape ICBC and restore public confidence in our public insurer.”

The survey is available until April 5th at www.engage.gov.bc.ca.

Click here to go to the survey

Residents can provide feedback on how ICBC should use claims and driver experience in determining basic insurance premiums, giving greater discounts to low-risk drivers and balancing basic insurance prices to reflect increased risk with driver behaviour or location.

“Government wants to hear the voices of everyone during this engagement,” says Eby. “I hope British Columbia drivers will take some time to learn about these proposals and let us know their opinions.”