ICBC deals with hundreds of accident claims each week, with injuries and repair costs rising. (Black Press Media)

ICBC insurance renewals get more complicated this year

Crash history, driver risk prompt more reporting requirements

B.C. vehicle owners are beginning to be notified of insurance changes taking effect this fall, with extra information and in some cases extra fees required to renew.

The changes are part of an effort to control ballooning claim costs and deficits at the Insurance Corp. of B.C., by shifting costs away from vehicle owners and onto high-risk drivers. At-fault accident claims after June 10 are being calculated to set the new optional insurance rates that take effect with renewals from Sept. 1 forward.

For renewals after Sept. 1, vehicle owners are asked to list secondary drivers who are expected to use the vehicle, with their driver’s licence number and date of birth. An up-front charge for unlisted additional drivers was dropped after negative feedback from customers, and now unlisted extra drivers will cost the principal driver $50 per year only if they cause a crash while using the car.

Learner drivers must be listed for each vehicle, and a learner premium of between $130 and $230 per year applies, depending on the region. Urban areas generally have higher accident rates and regional rates for all drivers are adjusted to reflect the risk.

Owners who drive a vehicle fewer than 5,000 km a year should take a picture of their odometer reading when they renew insurance. If they remain below 5,000 km in the coming year, they will be eligible for a discount.

RELATED: NDP defends speed cameras at 35 intersections

RELATED: Province starts testing intersection speed cameras

Driver infractions have always been a factor in insurance rates, with penalty points incurred, but the new rules add to that. If there are two minor infractions such as speeding or running a stop sign during a record scan period of up to three years, the optional insurance premium increases. Any serious infraction, including impaired driving, excessive speeding or distracted driving, also triggers an optional insurance rate increase.

ICBC estimates that when all of its risk adjustments are in place, they will reduce premiums for about three quarters of drivers. The existing system spread costs across all drivers, leaving some with recent at-fault crashes paying the same as those with crash-free driving records.

When additional drivers are listed for a vehicle, the highest-risk driving record is used to calculate 25 per cent of the basic insurance premium, with the principal driver’s record used for the rest.

Registered owners will still be on the hook for speeding tickets that will soon be issued by 35 cameras at high-crash intersections in B.C. urban areas. The cameras have been upgraded to operate 24 hours a day and some equipped to issue speeding tickets when a vehicle exceeds an undisclosed margin above the speed limit is exceeded. ICBC is coping with more than 900 accidents per day, the majority of them at intersections.

The speed cameras are being activated this summer at major intersections in Kelowna, Abbotsford, Nanaimo and various locations in Metro Vancouver. There is a total of 140 intersection cameras in the province, with most still issuing tickets by mail only when a vehicle runs a red light.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Heart, minds, and 100 years of the Nelson library

Past and future collide this year at the Nelson library, and it all kicks off this weekend

Crows, pirates and Segways: L.V. Rogers students make projects out of passions

The Grade 12 students presented their capstone projects Wednesday

Kootenay teams heading for curling provincials

Team Buchy and Team Nichols won the senior playdowns.

On the job hunt with Nelson’s Make A Change Canada

The employment charity is organizing next week’s Kootenay Patricks, Montreal Canadiens game

Leafs lose in 2OT to Border Bruins

Nelson fell in Grand Forks on Tuesday

Kids across Canada more at risk of hospitalization from flu this season: doctor

Dr. Theresa Tam said influenza B does not usually peak until February or later

Crown won’t appeal sentence in child sex assault case of former Burns Lake mayor

B.C. Prosecution Service said sentence doesn’t meet standard for appeal

Kelowna’s ‘Baby Mary’ finds biological parents after more than 30 years

Geneologist and DNA test helped her connect with her biological parents

B.C. offers $5 million equipment loan program to help ailing forest contractors

Local politicians in Port McNeill and Campbell River says local economies are struggling

Vancouver Island distillery wins award for best Canadian rye whisky

Shelter Point cleans up at Canadian Whisky Awards

Kelowna hotel to award couples for baby-making with Nooner deal

The deal includes a free stay every Valentine’s Day for the next 18 years

‘Scariest boat ride of my life’: Passengers trapped by ice on rocky B.C. ferry sailing

The Nimpkish docked in Bella Coola on Jan.12 coated in a thick layer of ice

B.C. pair ordered to pay $55,000 for oil tank discovered four years after selling home

Judge says defendants breached contract, despite being unaware of tank until basement flooded

Canada to give $25,000 to families of each Canadian who died in Iran plane crash

Prime Minister Justin Trudeau also made it clear that Canada still expects Iran to compensate victims

Most Read