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

Construction continues on Pacific Rim National Park Reserve’s $51M trail

Path through Park Reserve will link Tofino and Ucluelet.

Tofino graduate credits family and community after receiving $40K scholarship

“I would not be here and I would not be the person I am without my community.”

Michael Kaehn’s new book celebrates Hot Springs Cove’s history

Slideshows coming to Ahousaht, Tofino, Ucluelet, Port Alberni and Shawnigan Lake in September.

Two southern resident orcas missing as experts fear for the population

Centre for Whale Research says one whale each is missing from the J and K pods

VIDEO: Reports say Lashana Lynch is the new 007

Daniel Craig will reprise his role as Bond one last time

B.C. on right road with tougher ride-hailing driver rules, says expert

The provincial government is holding firm that ride-hailing drivers have a Class 4 licence

RCMP investigating alleged ‘sexual misconduct’ by cyclist on BCIT campus

BCIT said they were reviewing video evidence of the incident

New home cost dips in B.C.’s large urban centres

Victoria, Kelowna, Vancouver prices decline from last year

Graphic suicide scene edited out of ‘13 Reasons Why’ finale

Suicide prevention groups support the decision

Nine kittens and cats rescued after being locked in bins in northern B.C.: SPCA

SPCA says cats were starving, and matted with feces and urine

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

Annual ridership is projected to exceed three million

ICBC insurance renewals get more complicated this year

Crash history, driver risk prompt more reporting requirements

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

Most Read