Minister wants answers on ICBC rates

Public Safety Minister Shirley Bond

VICTORIA – Should a single speeding ticket cause an increase in your car insurance rate on top of the cost of the ticket?

Public Safety Minister Shirley Bond says she’s looking forward to a “spirited discussion” on that point with officials of the Insurance Corp. of B.C. before it proceeds with its application to adjust rates. That meeting could take place as soon as Thursday.

ICBC confirmed this week that its application to change rates could result in a rate increase for three years after a single speeding ticket, and further rate reductions for drivers who maintain a clean driving record. If approved by the B.C. Utilities Commission, the changes would take effect in 2014, but infractions in the next three years would affect future rates.

Bond said Wednesday she questions whether the bar is being set too low.

“My concern with ICBC is there is a test of reasonableness,” Bond said. “And I’m simply suggesting that we need to have a discussion about the threshold that would be put in place for being deemed a bad driver and paying additional penalties as a result of a single speeding ticket.”

ICBC officials say 30 per cent of all drivers – the ones with some traffic tickets within the last three years – will pay more and roughly two-thirds of drivers who have clean driving records and no at-fault crashes will enjoy an increased safe driving discount, over and above the premium discounts they now get for years of claim-free driving.

Spokesman Mark Jan Vrem said ICBC has not yet determined how much it will reward good drivers and punish the bad. One report of an average 10 per cent saving for drivers with a clean record is inaccurate, he said.

The changes would take effect in 2014 and look back over the previous three years, so ICBC is warning drivers to shape up now if they don’t want to pay more later.

Even so, the full shift won’t kick in immediately.

“There won’t be sticker shock in 2014,” Jan Vrem said. “It’s going to be phased in.”

And he said a single ticket may not make much difference.

“If you have only one minor violation in the three-year scan, your rate could stay the same or go up very slightly,” he said.

Details are expected when ICBC files an application this summer to the B.C. Utilities Commission.

Existing driver penalty premiums that charge extra for the two per cent of motorists with convictions for excessive speeding or impaired driving will remain in effect, he said.

– with files from Jeff Nagel

Just Posted

Island Health issues safer drug-use tips ahead of music festival season

Health authority aims to reduce overdose risks at festivals

Vaping a growing problem in Sooke school district

Island’s chief medical officer raises the alarm

Three-car crash that includes RV snarls afternoon traffic on Highway 17

Northbound traffic approaching Quadra Street is down to single lane

Victoria among the host sites for 2020 BC curling championships

Curl BC announces the nine B.C. cities that will host games in 2020

West Shore RCMP bust drug lab after fire caused by production of cannabis shatter

View Royal lab near parks and children’s playgrounds, evidence of children in home

VIDEO: Tributes flow on 10th anniversary of Michael Jackson’s death

Jackson received a fatal dose of the anesthetic propofol on June 25, 2009. He died at age 50

POLL: Do you think the penalty should be increased for tossing a burning cigarette from a vehicle?

With grasslands and forests around Vancouver Island and across B.C. reaching tinder… Continue reading

VIDEO: Killer whale steals fisherman’s catch off North Coast

Fishing duel results in eager orca snagging salmon in Prince Rupert

40 cats surrendered in apparent hoarding at B.C. home

Officers found the cats living among piles of garbage and feces, suffering from fleas

Campers hailed heroes in rock face rescue at Vancouver Island provincial park

The campers quickly noticed the man in distress and jumped into the river to swim across.

Tsilhqot’in Nation urges Taseko Mines to stop drilling plans before conflict grows

Nation said Teztan Biny area is of ‘profound cultural and spiritual importance’

Vancouver Aquarium drops cetacean ban lawsuit in new lease agreement

Ocean Wise CEO Lasse Gustavsson called the updated lease an exciting new chapter for the aquarium

Pedestrian struck by vehicle in Stz’uminus dies from injuries

A male pedestrian was struck in the early morning of June 25

Most Read