Wednesday, May 11, 2011

Proposed new ICBC rules mean one-third of drivers would face higher rates

Jonathan Fowlie, Vancouver Sun May 11, 2011
VICTORIA — Drivers who receive just one speeding ticket can expect to pay three years of higher insurance rates if a set of major changes being proposed by the Insurance Corp. of B.C. is approved. Scheduled to take effect by 2014, the proposed changes would mean close to 30 per cent of all B.C. drivers — those with at least one of a variety of traffic-related convictions on their recent record — would pay higher premiums for their basic insurance.  The new program would cover a three-year history of convictions, the corporation says, and will be retroactive if it’s approved. That means violations collected today could mean higher rates once the system is in place. But, ICBC says, the new system would also reward the estimated two-thirds of people in the province who have a clean, crash-free driving record by giving them cheaper rates.

3 comments:

Anonymous said...

No worries.
Just don't speed. You'll get better gas mileage.
But if you just have to speed watch out on days with good weather towards the end of the month.
I'm not saying there is a quota system, and I'm not saying that RCMP like to find "inside jobs" when it's nasty out. I'm just saying watch out.

Anonymous said...

If I had a buck for every person who has tail-gated me for the last year I could have a very nice vacation.

I wish there was a short number you could dial on your cell to alert the police.

The worst is being tail-gated by transport trucks in the slow lane no less, on 97 south of the college.

Anonymous said...

oh brother more BS from our lefty government.....