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.

Just Posted

Nanaimo city council issues permit for Third Street ‘gateway’ development

181 residential units plus commercial space to be built on site of former Armishaw farm

Youth seen with gun at Nanaimo mall, suspect now in custody

Woodgrove Centre was shut down during police incident Monday

Local artist explores Nanaimo’s old Chinatown in new video installation

Charlotte Zhang among eight artists in Nanaimo Art Gallery’s ‘Estuary’ exhibition starting this week

Three blocks of Bruce Avenue will be closed until fall

Work will include utility upgrades, new curbs and sidewalks and new on-street bike lanes

Nanaimo Clippers won’t be hosting 2021 national championships

Hockey Canada hasn’t announced successful bid, but has advised it won’t be Nanaimo

VIDEO: Reports say Lashana Lynch is the new 007

Daniel Craig will reprise his role as Bond one last time

Silly Boat Regatta fills Nanaimo harbour with silly sailing

Island Red Cedar Construction wins this year’s race

ICBC insurance renewals get more complicated this year

Crash history, driver risk prompt more reporting requirements

High-speed rail link would run from Vancouver to Seattle in under 1 hour: study

Annual ridership is projected to exceed three million

B.C. man dies from rabies after contact with Vancouver Island bat

Last known case of human rabies in B.C. was 16 years ago

U.S. tug firm to be sentenced for 2016 spill in B.C. First Nation’s territory

The Nathan E. Stewart spilled 110,000 litres of diesel and heavy oils in October 2016

Asylum figures show overall slower rate of irregular crossings into Canada

Between January and June 2019, a total of 6,707 asylum seekers crossed irregularly into Canada

Wolves not gnawing into Island’s prey population

Forestry practices, not predation, blamed for reduced numbers in prey animals

Nanaimo’s peewee girls win provincial lacrosse championship

Peewee B Timbermen defeat Coquitlam Adanacs 5-2 to win gold

Most Read