VICTORIA, B.C. – ICBC has improved its online tool, which estimates how much money customers will save.
Enhanced Care, the insurance estimator, will help personal customers under ICBC’s insurance discover how much they’ll get refunded from ICBC.
On May 1, 2021, when Enhanced Care comes into effect, customers that purchase basic and optional insurance from ICBC will be able to save, on average, 20 per cent. Along with the savings, most customers could be eligible for a one-time, pro-rated refund.
“Our government is set to deliver much more affordable ICBC premiums, and now drivers can see how much they’re going to save and how much of a refund they can expect after May 1,” said Mike Farnworth, Minister of Public Safety and Solicitor General. “In just minutes, drivers will be able to get an estimate of how much less they’ll be paying for auto insurance going forward.”
An ICBC customer needs to log in with their B.C driver’s license and their license plate numbers to use the Enhanced Care tool. Once logged on, customers can view and adjust coverage options and estimate their upcoming renewal.
The tool will compare what the customer paid last time and approximately how much they’ll save under Enhanced Care.
More information can be found on the Provinces’ website.
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