ICBC: Cheques Are In The Mail...Nearly

Tuesday, August 16, 2005 04:00 AM

The refunds promised in June for many drivers who renewed their insurance packages just before the rates were reduced, should start getting their rebate cheques late next week.

ICBC will start mailing out the first of 900,000 cheques on the 24th, and the process is expected to be complete by the 21st of September.

While the average refund is in the $37 dollar range, Media Manager Doug McClelland says many of the rebates for the Prince George area are a little higher than that "It's not necessarily because drivers there are safer, it's just that auto crime claims are on the rise in the lower mainland, so the scales are tipping in the favour of the Prince George and Peace region drivers."

In all, the Insuarance Corporation is refunding $33 million dollars.

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Posted on Tuesday, August 16, 2005 04:00 AM in News by 250 News

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Comments

Posted by: MrPG on August 16 2005 7:06 AM

Yawn. I long ago switched to a private insurer and haven't looked back. Who can afford to insure themselves through ICBC anymore?

Posted by: Liam on August 16 2005 4:22 PM

A person with male teen drivers...

Posted by: MrPG on August 16 2005 7:43 PM

Good point!

Posted by: gypsy on August 17 2005 9:05 AM

Pay over $900.00 bucks and get $37.00 refund.
Really makes my day.
I am so excited I should be out celebrating.
I suppose they got interest on that 33 MILLION, so it is costing them nothing other than the cost of processing cheques, and that will be covered also.
Guess we needed another trip down a garden path.
This is really just another joke to prove how gullible the public is.