VANCOUVER, B.C. – ICBC has announced that more COVID-19 rebate cheques for customers will be mailed out at the end of April.
The company will be mailing out just over two million cheques to customers for a share of the $600 million in COVID-19 related rebates.
ICBC started mailing small batches of cheques near the end of March for eligible customers. As of April 8th, around 940,000 have been issued.
The rebate cheques were initially supposed to be mailed out in the middle of March but were delayed due to a cyberattack on a third-party vendor.
Customers who had their vehicles insured for all or part of the six-month period between April 1st and September 30th, 2020, will be receiving a COVID-19 rebate averaging around $190 per policy. The rebate amount is approximately 19% of the premium a customer paid during the six-month period.
The cyberattack investigation showed that unauthorized parties did not obtain customers’ information, and no impacts were noted for ICBC’s systems.
