Local governments may be aware that as of September 1, 2019, the Insurance Corporation of BC (ICBC) moved to a more driver-based model for vehicle insurance. This means that an individual’s driving experience and crash history will play a bigger role in determining the cost of insurance premiums. ICBC has now reviewed and clarified their vehicle insurance policies in the context of local government fleet operations, as indicated in the following statement:
After hearing from fleet customers and listening to their concerns, ICBC is making a change to its new rating model so that at-fault crashes that occur in a fleet vehicle will not impact the driver’s ICBC premiums. This means at-fault crashes that occur in a fleet vehicle will not impact the driver’s ICBC premiums, including their personal policy or other policies where they are listed as a driver. The at-fault crash will also have no impact on the driver’s crash forgiveness eligibility.
Two discounts will continue to be available for vehicles in a fleet:
- 10% discount for original manufacturer-installed autonomous emergency braking technology; and
- 10% discount for vehicles driven less than 5,000 km in a year (annual policies only).
ICBC is sending fleet customers a letter to advise them of this change. Local government fleet managers can also find updated information on ICBC’s partner page, which includes a factsheet and conversation guide to help communicate the change to drivers or members.
Questions related to a vehicle insurance policy are best discussed with an Autoplan broker. Any other feedback or inquiries, can be emailed to raap@icbc.com.