B.C. Attorney General David Eby has vowed to clean up the financial ‘dumpster fire’ that is ICBC. (Tom Fletcher/Black Press)

New drivers pay most for optional ICBC coverage, David Eby says

Basic insurance only up ‘about $200’ as rate overhaul takes effect

New drivers facing big ICBC insurance bills should shop around for private optional insurance, Attorney General David Eby says.

Eby was asked Thursday about reports of large increases being faced by young drivers since ICBC’s new rate structure took effect in September. He said the largest increase in basic insurance faced by a new driver is 12 per cent, or about $200 per year.

“I’ve heard a lot of concern in particular around young drivers,” Eby told reporters at the B.C. legislature. “Most of the concern focuses on the optional side, which is above and beyond what you need to legally drive in British Columbia – collision insurance, third-party liability. This is an area where the private sector also competes with ICBC.

“One of the things that I’ve suggested is that if the private insurers believe they provide more affordable insurance for British Columbians, especially inexperienced drivers, they should do so.”

RELATED: ICBC customers can calculate their rate online

RELATED: Horgan regrets higher rates for young drivers

Eby said he’s open to rate changes to make insurance more affordable, but the first priority is dealing with billion-dollar annual deficits at the Crown corporation. Capping minor injury awards, diverting smaller disputes from courts to an independent panel and restrictions on expert witnesses have been imposed to slow increasing court costs.

The other big problem for ICBC is rising accident rates, and the province has focused on distracted driving, particularly cell phone use. Intersection cameras in high-accident urban zones have also been overhauled to convert them to speed cameras, generating tickets by mail in addition to their earlier function of ticketing drivers who run red lights.

The changes are designed to bring down rates over time for all drivers, including young drivers, Eby said.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Cannabis store buds in Prince Rupert

Clarity Cannabis opened on Saturday, making it the first cannabis store in the city

William Griffin arrested in Houston homicide

RCMP have now arrested William Griffin, the man wanted in connection to… Continue reading

Hometown Hockey contests hit Prince Rupert

Opportunities for behind the scenes experiences during Hometown Hockey weekend

Family of Terrace man killed in hit-and-run plead for tips, one year later

Cameron Kerr’s family says the driver and passengers tried to cover their tracks

Prince Rupert hockey roundup

Lightning bolt to victory in rec league tournament, Peewee Seawolves win pair of games in Vanderhoof

Your Prince Rupert 55th Rotary Auction guide

Online guide to all the items up for bid before Monday’s live auction

Port Alberni mom takes school district to court over Indigenous smudging, prayer in class

Candice Servatius, who is an evangelical Christian, is suing School District 70

Family of B.C. man killed in hit-and-run plead for tips, one year later

Cameron Kerr’s family says the driver and passengers tried to cover their tracks

Princeton couple pays for dream vacation with 840,000 grocery store points

It’s easy if you know what you are doing, they say

B.C. municipality wants ALC to reconsider their decision in regard to pipeline work camp

The ALC had rejected the construction of the Coastal GasLink work camp behind the Vanderhoof airport in October

Chilliwack family’s dog missing after using online pet-sitting service

Frankie the pit bull bolted and hit by a car shortly after drop off through Rover.com

B.C. wildlife experts urge hunters to switch ammo to stop lead poisoning in birds

OWL, in Delta, is currently treating two eagles for lead poisoning

Most Read