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

Plans for new Surrey hospital to be updated Monday

News conference announced by Premier Horgan and health minister Adrian Dix

White Rock pier-plank purchasers celebrated

Donors received a certificate Sunday marking their purchase of a pier plank

Seniors plead to Surrey council ahead of public hearing for 1,000-plus unit development

In June, seniors in the buildings said they felt ‘left in the cold’ as plans for redevelopment materialized

Several people in custody following reports of shots fired into a Surrey home

Police say the incident happened in the early hours of Saturday morning

White Rock looking at 3.9% tax increase

Budget discussions are to take place this week

MAP: Christmas light displays in Surrey and beyond

Send us pictures of your National Lampoon-style lit-up homes, nativity scenes or North Pole playlands

B.C. universities post $340 million worth of surpluses thanks to international student tuition

Students call for spending as international enrolment produces huge surpluses at many universities

Conservatives urge Morneau to deliver ‘urgent’ fall economic update

Morneau says the first thing the Liberals plan to do is bring in their promised tax cut for the middle class

INFOGRAPHIC: How much money did your local university or college make last year?

B.C. university and colleges posted a combined $340 million surplus in 2018/19

B.C. creates $8.5M organization to improve safety for health care workers

Group will bring together unions, province, health care organizations

Four men in hospital after early morning Vancouver stabbing

A large group of men was seen fighting in Yaletwon

Kovrig clings to humour as ‘two Michaels’ near one year in Chinese prison

Their detention is widely viewed as retaliation for Canada’s arrest of Chinese high-tech scion Meng Wanzhou

B.C. VIEWS: An engine that hums right along

First Nations are leading a new surge of investment in B.C.

Most Read