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

Northwest Wave Riders return from Victoria Dragon Boat Festival

This was the first time in 25 years that northern B.C. teams competed

Feds approve $4M for Tahltan protected and conserved areas

Well defined stewardship will help nation reduce uncertainties for resource partners

BC Parks student rangers complete several northwest B.C. conservation projects

This was the first time the summer program operated out of Terrace

Australian gold mining giant acquires Red Chris mine

Newcrest now owns 70 per cent of the mine south of Iskut and operatorship

All Nations Driving Academy gets $360K boost from province

Terrace-based driving school bridges gap in services for remote northwest B.C. communities

VIDEO: B.C. woman meets biological mother, 38 years later

Mother never gave up hope of finding daughter, despite all the obstacles

B.C. Lions fall to 1-9 after 13-10 loss to Ticats

Lowly Leos have dropped six straight CFL contests

VIDEO: B.C. woman meets biological mother, 38 years later

Mother never gave up hope of finding daughter, despite all the obstacles

B.C. man who died after rescuing swimmer was known for helping others

Shaun Nugent described as a dad, a coach, a hero and ‘stand-up guy’ at celebration of life

B.C. RCMP plane chases fleeing helicopter as part of major cross-border drug bust

The helicopter eventually landed at a rural property near Chilliwack

Thousands cycle to conquer cancer

The 11th annual Ride to Conquer Cancer took place Saturday morning, Aug. 24 in Surrey, B.C.

PHOTOS: Brazil military begins operations to fight Amazon fires

Amazon fires have become a global issue, escalating tensions between Brazil and European countries

Racist confrontation in Richmond parking lot caught on camera

Woman can be heard yelling racial slurs, swear words at woman in apparent parking dispute

Groups ready campaign to help young voters identify ‘fake news’ in election

The media literacy campaign to focus on identifying misinformation and suspicious sources online

Most Read