There’s still time to add your voice to those of the more than 29,000 British Columbians who have had their say in a public engagement about changes to ICBC’s auto insurance system.
Before 4 p.m. on 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 at: http://engage.gov.bc.ca/ratefairness/
“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, in a news release. “We have options about how we can make the system more fair, and I appreciate that so many British Columbians are sharing their opinions that will help shape ICBC for the future.”
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.
So far, 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.
ICBC rate fairness public engagement: http://engage.gov.bc.ca/ratefairness/