B.C. Attorney General David Eby announces changes to B.C.’s public insurance system, February 2020. (B.C. government)

COVID-19: ICBC’s cancellation fee waivers approved by regulator

Reduced, suspended vehicle insurance available for business

The B.C. Utilities Commission has approved the Insurance Corp. of B.C.’s moves to waive fees and allow insurance cancellation for people and businesses stopped by the COVID-19 pandemic.

The changes allow fleet customers to suspend their basic insurance and obtain a refund, with small business hit particularly hard by restrictions on travel and group events. People are also able to temporarily use their vehicles to deliver food or medical products without added insurance.

The $30 cancellation fee is waived, along with an $18 re-plating fee.

RELATED: Pandemic breaks from ICBC, but no rate reduction

RELATED: Online licence renewals, 90-day ICBC payment deferrals

The utilities commission approved the changes for 60 days, to June 21, 2020, after which ICBC can apply for an extension. The decision followed a virtual oral hearing.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC legislatureCoronavirusICBC

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

Just Posted

Saanich police see spike in excessive speeding compared to previous years

Nearly 100 excessive speeders caught since January 2020

Colwood branch drop-off to continue throughout summer

COVID-19 safety measures remain in place

Welcome to grilling season: Saanich firefighter talks barbecue safety tips

Grills should be cleaned, serviced prior to use, firefighter says

Cycling scavenger hunt comes to Tweed City

Cyclists scour Oak Bay for clues in Bike to Work Week event

Colwood woman launches Adopt a Grad

Facebook page aims to support students during pandemic

11 new COVID-19 cases in B.C. as top doc urges caution amid ‘encouraging’ low rates

Dr. Bonnie Henry also announced that two care home outbreaks would be declared over

Surrey mayor’s party under fire for ‘sickening’ tweet accusing northern B.C. RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

Father’s Day Walk Run for prostate cancer will be virtual event this year throughout B.C.

The annual fundraiser for Prostate Cancer Foundation BC has brought in $2.5 million since 1999

Dr. Bonnie Henry announces official ban on overnight kids’ camps this summer

New ban comes after talking with other provincial health officials across the country, Henry says

Senior man in hospital after unprovoked wolf attack near Prince Rupert

Conservation officers are on site looking for the wolf

VIDEO: NASA astronauts blast off into space on SpaceX rocket

Marks NASA’s first human spaceflight launched from U.S. soil in nearly a decade

‘I knew what he wanted’: Kootenay man spends hours in tree as black bear patrols below

Francis Levasseur is no stranger to the outdoors, but a recent run-in with a bear caused quite a scare

PHOTOS: U.S. cities brace for increasing unrest over police killing of George Floyd

Minnesota Gov. Tim Walz has fully mobilized the state’s National Guard

$200,000 Maybach impounded after ‘L’ driver caught excessively speeding in Vancouver

Meanwhile, the supervisor sat in the passenger seat, police said

Most Read