At Fault Drivers to Pay More
Prince George, B.C.- ICBC has applied to update its basic insurance so those who are at-fault will lose their safe driving discounts faster.
Right now, it’s possible for some drivers who have achieved the maximum discount to have caused two, or even three, crashes and have the same discount on basic insurance as a driver who has never caused a crash. Under the new system, long-term safe drivers will continue to have their discount protected if they’re at-fault for one crash but that won’t be the case if they have multiple at-fault crashes.
“This change will help us ensure our safe driving discount is applied more fairly and continue to benefit our customers who make smart and safe driving decisions,” said Mark Blucher, ICBC President and CEO. “Drivers who make good driving decisions should pay less than drivers who cause multiple crashes.”
Starting today, drivers who cause crashes will have their discounts calculated based on the updated approach for policies renewed after May 6, 2018. This way, drivers will have plenty of warning and a chance to change their behaviour. The increased accountability changes will not apply to at-fault crashes that are on a driver’s insurance record prior to today. The vast majority of ICBC customers – those who don’t cause crashes – will not see any change.
All drivers will continue to earn credit towards discounts for every year they’re crash free. In addition, just like today, customers who cause a crash will regain their previous discount if they go three consecutive years without being responsible for a crash.