ICBC location. File photo

ICBC told to change $50 unlisted driver protection fee

Attorney General David Eby has directed ICBC to refine three components to its revamped rate structure

The B.C. government has tasked ICBC with refining three components of its revamped rate model.

Changes include adjusting contentious unlisted driver protection, which is $50 in additional insurance for drivers who lend their car to friends and family fewer than 12 times a year.

The fee is optional, but when introducing it, ICBC had said not paying it could cost you.

The Justice Ministry has directed the corporation to instead allow vehicle owners to consider getting it only after the first crash involving an unlisted driver.

“This change will help with the transition to an updated model, where listing other drivers is a new concept,” the ministry said.

READ MORE: New ICBC rate structure moves ahead

Other requests include not incorporating the driving history of lower-risk drivers into a vehicle owner’s premium if they are not household members or employees. This is in a bid to prevent people from adding those drivers to their policies to artificially reduce their premium.

Drivers also need more time when deciding whether to repay claims and how that decreases or increases their premium, the government said. Those with claims made between Mar. 1, 2017 and Aug. 31, 2019 will have until Aug. 31, 2020 to make their decision.

Pending approval from the B.C. Utilities Commission, the changes will be in effect for policies beginning on or after Sept. 1.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

WildsafeBC comes to the Okanagan to reduce wildlife conflict

Bear activity on the Westside has been an issue in the past few weeks

Column: A solar pioneer in the Okanagan rides among us

This Summerland octogenarian has been producing his own electrical energy for more than 20 years

93rd Okanagan music festival wraps up with gala celebration

The 2019 Penticton Kiwanis Music Festival finish with gala celebration and awards evening

Woman in hospital after being thrown off horse

She was airlifted to Kelowna General Hospital from Okanagan Falls

Okanagan-Shuswap weather: cloudy

Environment Canada is calling for a similar day tomorrow.

Killer of Calgary mother, daughter gets no parole for 50 years

A jury found Edward Downey guilty last year in the deaths of Sara Baillie, 34, and five-year-old Taliyah Marsman

Raptors beat Bucks 120-102 to even series at 2-2

Lowry pours in 25 as Toronto moves within two games of NBA Finals

Body of missing snowmobiler recovered from Great Slave Lake

Police confirm the body is that of one of three missing snowmobilers

North Okanagan tests out two $10/day childcare sites

Katrine Conroy came to Vernon to tour universal child care prototype sites, including the one at Maven Lane

Penticton sets cap of 14 cannabis stores, removes buffer zone

The city previously relied on a buffer zone and scoring matrix to limit number of stores

Okanagan medical cannabis shop shutting doors

Herb’s Health Centre has been operating without a city business licence for nearly a year

Toddler seriously injured after falling from Okanagan balcony

RCMP are investigating after a two-year-old boy fell from the balcony of an apartment in Kelowna

Witness says Kelowna man on trial for murder admitted to the killing

Steven Pirko is charged in the killing of Christopher Ausman in 2014

Bucking bulls return to Okanagan raceway Sunday

Bull Riders Canada returns to the South Okanagan with some of the top riders in Canada

Most Read