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ICBC’s new rates are coming in this Sunday

Mornings with Simi

English - August 27, 2019 19:40 - 9 minutes - ★★★★★ - 1 rating
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A new online tool is live today, which shows ICBC rate-payers the estimated cost of their new policy.

The insurance company is rolling out changes to the way it calculates premiums on September 1. The new model puts more weight on driver risk, with less-risky drivers paying less, and riskier drivers paying more.

Guest: Aaron Sutherland

Vice President of the Insurance Bureau of Canada

A new online tool is live today, which shows ICBC rate-payers the estimated cost of their new policy.


The insurance company is rolling out changes to the way it calculates premiums on September 1. The new model puts more weight on driver risk, with less-risky drivers paying less, and riskier drivers paying more.


Guest: Aaron Sutherland


Vice President of the Insurance Bureau of Canada