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Bad drivers will bear the brunt of ICBC rate increases

We do, of course, understand no one likes the news of a rate increase.

Re: “Harsher penalties for distracted drivers,” Letters, Sept. 16.

We do, of course, understand no one likes the news of a rate increase and we don’t like to have to deliver that news but, the fact is, the cost of injury claims in B.C. continues to grow every year – currently at $1.9 billion a year, up by more than $500 million from just five years ago – and a rate increase is needed to cover these costs.

Letter writer Angela Allison should be congratulated for her 45 years of safe driving and, due to her clean record, she’ll be getting the largest discount possible on her auto insurance.

At the same time, drivers who cause crashes will continue to pay more for their insurance and the proposed rate increase will have an even bigger impact on them.

 

Steve Yendall

Vice-President, Insurance and Driver Licensing

ICBC