Autoplan insurance

Find a Service Location

BCUC rates

A record number of crashes, more claims and higher costs are putting significant external pressure on ICBC’s insurance rates.

Any proposed changes to Basic insurance rates must be approved by our regulator, the B.C. Utilities Commission (BCUC). On December 14, 2018, ICBC submitted an application to the BCUC for a Basic rate increase of 6.3 percent. On January 2, 2019, the BCUC approved ICBC’s request on an interim basis for all new and renewal policies effective April 1, 2019. A final decision will be rendered once the regulatory process is complete, at which time BCUC will determine how any difference between the approved interim rate and the permanent rate, including interest (if any), will be refunded or collected.

Changing auto insurance in B.C.

ICBC is working with government to bring about long-term, sustainable improvements to B.C.’s auto insurance system. We’re providing more care for those injured in a crash while reducing legal costs. April 1, 2019, will see the implementation of increased accident benefits for British Columbians and a limit on pain and suffering payouts for minor injury claims. 

We’re also making auto insurance rates fairer for British Columbians with changes that will hold drivers more accountable for their driving decisions and behaviours, effective September 2019. The changes are separate from ICBC’s Basic insurance rate application. They do not increase or reduce the overall amount of money ICBC needs to collect; rather, they rebalance individual drivers’ premiums to better reflect their risk. As a result, higher-risk drivers will pay more for their insurance to the benefit of lower-risk drivers.

Find out more about how we’re changing auto insurance in B.C.