Arguments surrounding ICBC will no doubt continue to pop up in comment sections across social media, but if you really want your voice to be heard by the province, you have until tomorrow.
Until 4 pm on Thursday, April 5, 2018, British Columbians are encouraged to help design an improved auto insurance rating system that would make drivers more accountable for their decisions and driving behaviours. Visit the engagement website by clicking here.
Over 29,000 British Columbians have had their say so far in a public engagement about changes to ICBC’s auto insurance system.
“This important engagement asks people about changes that could make high-risk drivers pay more, and low-risk drivers pay less,” said Attorney General David Eby.
“I appreciate that so many British Columbians are sharing their opinions that will help shape ICBC for the future.”
Huge Response So Far
The public engagement questionnaire asks for feedback on how ICBC could improve the way it uses crashes and driver experience to determine basic insurance premiums, give greater discounts to low-risk drivers and balance basic insurance prices to reflect increased risk with driver behaviour, location or how a vehicle is used.
In a release, the BC Government said the engagement site has had 58,910 site visits, with 29,386 questionnaires completed and 398 individual submissions received.
The results of the engagement will also help inform ICBC’s application on basic insurance rate design to its regulator, the B.C. Utilities Commission.
A report highlighting the findings of the engagement will be posted to the website in the coming weeks.
