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

Outpouring of generosity for Christmas Hamper Society after safe stolen

Maple Ridge-Pitt Meadows group has recouped stolen $10,000 several times over

Seniors Food Bank starting again in Maple Ridge

The service will be offered every Monday

First rainstorm of the season pelting the Lower Mainland

Batten down the hatches as heavy rains, wind, and some localized flooding possible

B.C. reports 96 new COVID-19 cases, one hospital outbreak

61 people in hospital as summer ends with election

RCMP investigating man reportedly hiking nude on Summerland’s Full Frontal trail

Potential charges against the man could include indecent exposure.

Grand jury indicts police officer in Breonna Taylor death

Officer Brett Hankison was charged with three counts of wanton endangerment

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

First 8 months of fatal overdoses in B.C. have now exceeded 2019 death toll

Nine people died every two days in August, BC Coroners Service data shows

Attorney General of Canada defends Kelowna Mountie involved in rough arrest

Tyler Russell filed a lawsuit against Const. Siggy Pietrzak in June of this year

B.C. could be without a new leader for multiple weeks after Election Day: officials

More than 20K mail-in voting packages were requested within a day of B.C. election being called

Most Read