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

65-million-year-old triceratops makes its debut in Victoria

Dino Lab Inc. is excavating the fossilized remains of a 65-million-year-old dinosaur

ICBC, province urge residents to plan ahead for winter weather

Greater Victoria should gear up and have a plan in place

Tillicum Centre evacuated after false alarm in Save-On-Foods

A fire alarm was mistakenly activated by falling food

Victoria residents face long holds for non-emergency police calls

Victoria police face challenges ‘on many fronts’ since switching to E-Comm call centre

Road closure in Lagoon neighborhood due to 35-home Seafield development

Seafield Rd to be closed all-day Nov. 21 and 22, intermittently until Dec.

VIDEO: ‘Climate emergency’ is Oxford’s 2019 Word of the Year

Other words on the shortlist included ‘extinction,’ ‘climate denial’ and ‘eco-anxiety’

POLL: Do you plan on making any purchases on Black Friday?

We’ve all seen the images. Shoppers rioting outside of a store in… Continue reading

Greater Victoria Crime Stoppers wanted list for the week of Nov. 19

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Security guard at Kamloops music festival gets three years for sexually assaulting concertgoer

Shawn Christopher Gray walked the woman home after she became seperated from her friends, court heard

Cowichan Milk Company: from grass to glass, bottled milk right to your door

Farm stand open 6 days a week, and home delivery is available everywhere from Mill Bay to Chemainus.

Time to start baking in time for Sooke’s gingerbread contest

Proceeds go to support the work of Sooke’s the food bank

Algae bloom killing farmed fish on Vancouver Island’s West Coast

DFO says four Cermaq Canada salmon farms affected, fish not infectious

Most Read