B.C. insurance corp. announces $110 vehicle rebate, rate increases on hold until 2026 | Unpublished
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Source Feed: The Globe and Mail
Publication Date: May 8, 2024 - 14:02

B.C. insurance corp. announces $110 vehicle rebate, rate increases on hold until 2026

May 8, 2024
Most drivers in British Columbia will receive a $110 vehicle insurance rebate this year.The Insurance Corporation of B.C. says strong investment and financial returns and the 2021 shift to the “enhanced care” model for providing health coverage for people involved in crashes has put the Crown corporation in a solid position to offer rebates.Corporation president David Wong says vehicle insurance rates will also remain frozen until at least March 2026.


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