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

Chilliwack’s pediatric observation unit gets financial shot from trades workers

Unions and contractors donate more than $30,000 to Fraser Valley Health Care Foundation

Delays en route for Highway 7 in Harrison Mills

Road resurfacing will cause month-long delays for drivers travelling through Harrison Mills

The luckiest man in Agassiz finds more than 200 four-leaf clovers

Walt Hardinge has found more than 219 four-or-more leaf clovers this spring alone

Missing woman last seen downtown Chilliwack in late April

Family concerned for Rebecca Lynne Sackley’s well-being

Chilliwack prolific offender arrested after four months on the lam

B.C.-wide warrant issued for David Allen Geoghegan in January

BREAKING: Court says B.C. can’t restrict oil shipments in key case for Trans Mountain

A five-judge Appeal Court panel agreed unanimously that B.C.’s proposed legislation was not constitutional

RCMP probe hit-and-run of Richmond senior

The man, who is in his mid-70s, was walking with his wife when he was allegedly struck

More than half of Canadians support ban on handguns, assault rifles: study

Divide between rural and urban respondents in latest Angus Reid Institute public opinion study

Coquitlam crash kills one person, injured two others

Investigators with the RCMP criminal crash unit are working to determing the cause of the incident

Spring rain needed as B.C. sees one of the lowest snowpack levels in 40 years

Snowpack levels in B.C. recorded on May 15 were similar to those in 2015 and 2016

Court to rule on B.C.’s pipeline permit law in crucial case for Trans Mountain

A panel of B.C. Court of Appeal judges has been mulling B.C.’s constitutional reference cas

Theresa May to quit as party leader June 7, sparking race for new PM

The new Conservative leader will become prime minister without the need for a general election

Vancouver man in serious condition after crash between motorcycle, transport truck

The man, 40, remains in hospital after a Thursday collision. Police believe speed was a factor

B.C. man who fell off cliff returns there to rescue eagle from vulture attack

Nanaimo’s James Farkas, who broke his hip in a fall, saves eagle on same beach months later

Most Read