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

Widespread concerns spur UFV to halt international enrolment growth

New target hopes to limit international students to 20% of all enrolment to give time to ‘catch up’

Mission MP Brad Vis has kept busy since the election

Local federal representative spoke with several members of the Mission Chamber

UFV & other 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

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

Abbotsford man was ‘unintended victim’ of 2018 fatal shooting, police say

Jagvir Malhi, 19, was gunned down while on his way to university

VIDEO: Boys help rescue Cariboo bear cub

The cub, weighing just 24lbs, has been taken to wildlife sanctuary in Northwest B.C. for the winter

Owners of hotels on Vancouver’s Downtown Eastside fight $1 expropriation in court

Vancouver City Council voted to expropriate the properties for $1 each in November

‘Things haven’t changed enough:’ Ecole Polytechnique anniversary prompts reflection

Fourteen women were fatally shot by a gunman at the Montreal school on Dec. 6, 1989

Bear raids freezer, gorges on Island family’s Christmas baking

Hungry bruin virtually ignored meat and fish, focused, instead, on the sweets

B.C. pharmaceutical company’s stocks double in value after successful lupus drug trial

More than 40 per cent of patients using voclosporin saw improvements in kidney function

Second warning on romaine lettuce from California region as another E. coli case reported

Two cases of E. coli have been reported in relation to the illness in the U.S.

Braille signs coming to TransLink bus stops in 2020

Transit authority says it’s the first to do so in Canada and the United States

CUPE issues 72-hour strike notice for SkyTrain

Local 7000 release states ‘parties are still bargaining’, union will have job action plan by Saturday

Residents in B.C. city could face 133% tax hike in ‘worst case’ lawsuit outcome: report

An average home could see a tax increase of $2,164 in one year

Most Read