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ICBC rolls out new discount for vehicles driven under 10,000 km a year

Insurance corporation says savings could be between 10 and 15%
32933874_web1_ICBC
ICBC is implementing a new discount for vehicles driven less than 10,000 kilometres in a year. (ICBC)

ICBC is rolling out a new distance-based discount.

British Columbians who drive less than 10,000 kilometres per year, and with policies effective June 1, 2023 or later, may be eligible to save between 10 and 15 per cent on their optional coverage when renewing this year.

ICBC says the discount will be greater, the less distance people drive.

To be eligible for this new discounts, drivers must: drive less an 10,000 kilometres per year; provide two odometer readings one year apart, as proof of driving distance; have a 12-month autoplan policy with ICBC optional coverage; and have an eligible vehicle, as motorcycles, RVs and collector vehicles are ineligible.

ICBC

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Lauren Collins

About the Author: Lauren Collins

I'm a provincial reporter for Black Press Media's national team, after my journalism career took me across B.C. since I was 19 years old.
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