ICBC to increase optional premiums for drivers caught speeding, distracted driving

Convictions of minor and major offences to carry various increases, ICBC says

Bad drivers will pay more for optional insurance under ICBC’s new rate model.

This fall, impaired driving, excessive speeding and distracted driving will result in higher premiums after the first conviction, the corporation announced Thursday.

Minor offences such as failing to stop, failing to yield, speeding and not wearing a seat belt will result in premium increases after two convictions.

READ MORE: New ICBC rate structure moves ahead

The hike will begin Sept. 1, but will affect any of the eligible infractions after June 10. ICBC has yet to announce by exactly how much.

The corporation estimates that 75 per cent of drivers will see a drop in their premiums as a result.

Roughly 10 per cent of ICBC customers have two or more minor driving convictions, or a serious driving offence, in the past three years. However, they pay the same for optional coverage as drivers who have no convictions.

READ MORE: ICBC claims to move out of courtroom as of April 1

Basic insurance will also switch to a driver-based model in September, which means that crashes follow the driver instead of the vehicle.

These changes are part of the NDP government’s overhaul of the Crown corporation, which lost $1.18 billion in the last fiscal year.

READ MORE: ICBC told to change $50 unlisted driver protection fee


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

LETTER TO THE EDITOR: Speeding tickets aren’t a deterrent

Old Island Highway speeds over 60km/h make no sense with the number of malls, says letter writer

Mid-Island Celtic band turns Scottish history into music in new show

Celtic Chaos presents ‘For the Highlanders’ at Unitarian Hall on Robbie Burns Day

Child struck by vehicle in front of elementary school in Nanaimo

Six-year-old girl taken to Nanaimo Regional General Hospital with non life-threatening injuries

Crews called to two-vehicle crash on Departure Bay Road

Two people taken to hospital to be checked over after accident Wednesday evening

All Carlton Cards stores closing, including Nanaimo location

Schurman Retail Group stores across North America will close over the next four to six weeks

B.C.-based firefighting plane crashes in Australia, killing three

Three people are confirmed dead in the crash in New South Wales

Canada prepares as WHO decides whether to declare global coronavirus emergency

The city of Wuhan, China, has shut down outbound flights and trains

Survey finds support among Canadians for broader assisted-dying law

The survey was conducted Jan. 17 to 21 among 1,552 Canadians eligible to vote

Veteran B.C. journalist battles cancer through pioneering immunotherapy treatment

Vancouver Island rallies around JR Rardon and family during stay in Seattle

New nasal spray launched in Canada to combat hypoglycemic shock in diabetics

Baqsimi is a nasal spray contains three milligrams of glucagon

Prices for recreational marijuana in B.C. down from a year ago

New inflation figures show gasoline, housing and certain kinds of food cost more

B.C. RCMP spent roughly $750K on massive manhunt for Port Alberni men

Manitoba RCMP helped with 17-day search through the province’s northern terrain

Future space homes could be made of mushrooms

NASA explores use of fungi to build structures in space

Most Read