ICBC rates go up 6.4 per cent Nov. 1

B.C. motorists will pay an average increase of $4.75 per month for basic insurance coverage

ICBC rates increase 6.4 per cent for basic coverage today.

Announced in September, Attorney General David Eby said the rate hike comes after ICBC recorded its largest loss in history.

The basic rate increase translates to $57 a year more for the average B.C. driver on basic insurance.

For drivers who also have ICBC’s optional insurance coverage, a series of quarterly increases in those rates mean the average driver will be paying $130 a year more by next year.

Drivers with at-fault crashes now also face steeper rate increases than are currently assessed.

With files from Tom Fletcher


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Families of missing Shuswap women call for action

Birthday of missing woman Ashley Simpson remembered during rally in Yankee Flats

CPR a vital link in saving man’s life

Vernon man’s life saved by strangers performing CPR following heart attack on golf course

NHL puts Viper centre on notice

NHL Central Scouting has ranked Vernon Viper centre Brett Stapley a C-level prospect for next draft

Renters told to beware after West Kelowna scam

While pressuring the would-be renter an e-transfer deposit of approximately $1,000 is requested

Kelowna teen allegedly robbed while walking at night

Community asked for tips to help reunite teen with ring

Vernon moves at record pace

Vernon students and families choose active transportation to school

Federal funding to combat guns, gangs and opioid crisis

Public Safety Minister Ralph Goodale said illicit drugs are often main cause of guns, gangs violence

Riverview youth mental health centre proceeds

Replacement for Maples Treatment Centre first announced in March

Dead boy’s father posts Facebook response after Appeal Court upholds conviction

David, Collet Stephan were found guilty in their son Ezekiel’s 2012 death from bacterial meningitis

MP hears municipal wish list

Okanagan Shuswap MP Mel Arnold gathering top priorities as Ottawa prepares 2018 budget

Cross-country ski season is here

Trails open at both SilverStar Mountain Resort and Sovereign Lake Nordic Centre

Trudeau mania, Scheer enthusiasm in B.C. this week

Prime minister, Conservative leader drop in on Surrey, White Rock

Forecasters promote avalanche safety awareness to kick off season

Avalanche Canada advising backcountry enthusiasts to get proper training and equipment.

B.C. church defaced with disturbing anti-Christian graffiti

Staff at Crossroads United Church reported the vandalism to police late last week

Most Read