Vehicle use for personal or business is down due to the COVID-19 pandemic restrictions, but deliveries of food and other necessary supplies is up. (Campbell River Mirror)

COVID-19: ICBC waives fees for cancelling insurance in pandemic

Brokers can renew or lower vehicle coverage by phone or email

With more people following the orders of provincial health officers and staying indoors during the COVID-19 pandemic, fewer drivers are on the road. But don’t expect that to lower your insurance rates just yet, ICBC warns.

B.C.’s provincially owned vehicle insurer announced April 16 it is adding to its earlier 90-day payment deferral option for customers renewing during the coronavirus restrictions. ICBC will be waiving its $30 cancellation fee and $18 re-plating fee for people who choose to cancel their insurance temporarily. Customers will be required to remove the plate from the vehicle while it is not insured and the vehicle must be kept off the road.

“Customers who reinsure May 30 or thereafter will be able to reuse their plate,” ICBC said in a statement. “Customers reinsuring prior to that date will be issued a new plate at no charge and at that time are expected to surrender their plate.”

Fleet vehicle customers are also allowed to suspend their insurance to save money while business activity is curtailed due to pandemic-related emergency orders. People wishing to change their coverage due to driving restrictions or arrange storage insurance can do so by calling their ICBC broker.

ICBC brokers are now set up to do some transactions by phone or email, such as renewing expiring insurance and driver’s licences.

RELATED: Online ICBC renewals, 90-day payment deferral available

RELATED: B.C. moves ahead on removing lawyers from ICBC cases

ICBC also confirmed that customers can use their vehicles for delivery of food or medical products and services, without changing their vehicle use insurance or paying an additional premium. This includes volunteers helping isolated seniors.

For learner licences that are expiring during the pandemic restrictions, the fee for their first knowledge test will be waived once testing resumes. Road tests are also suspended due to the pandemic.

ICBC told Black Press Media that any savings through a reduction in claims costs during the ongoing pandemic will benefit B.C. drivers into next year.

In March, the B.C. government passed legislation that any ICBC surplus must remain within the Crown corporation and be used to benefit motorists.

“We have been directed by government to analyze the impact of the pandemic on our organization, and provide a public update in the coming weeks,” ICBC said in an emailed statement. “That work is underway now, and as it continues, we remain focused on meeting the immediate needs of our customers, in addition to the longer term goal of implementing Enhanced Care coverage and delivering an average 20 per cent rate reduction in 2021.”

Any driver facing financial challenges during COVID-19 is able to access a 90-day deferred payment and ICBC will set up extended payment plans for customers who need that flexibility at the end of the deferral period.

BC legislatureCoronavirusICBC

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Aquaculture employee, Michelle Franze, poses with a comment that she received on social media. Facebook group Women in Canadian Salmon Farming started an online campaign #enoughisenough to highlight the harassment they were facing online after debates about Discovery Islands fish farms intensified on social media. (Submitted photo)
Women in salmon farming should be celebrated, not bullied

Since mid-December, salmon farming has been one of the leading topics in… Continue reading

An Island Health nurse prepares a dose of COVID-19 vaccine. (Photo courtesy Island Health)
Health authority opening 19 clinics to immunize Vancouver Island residents

Health authority anticipates more than 40,000 people will be immunized over the next month

The platanthera dilatata is the fragrant white bog orchid whose perfume on a hot August day is one of the unforgettable delights of a summer hike in Strathcona Park. Photo supplied
Strathcona Wilderness Institute AGM upcoming

The Strathcona Wilderness Institute (SWI) will hold its 2021 annual general meeting… Continue reading

(The Canadian Press)
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

Travel services saw the biggest drop in active businesses with 31 per cent fewer firms operating

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

Provincial health officer Dr. Bonnie Henry and Health Minister Adrian Dix provide a regular update on the COVID-19 situation, B.C. legislature, March 2, 2020. (B.C. government)
B.C.’s COVID-19 cases: 545 Saturday, 532 Sunday, 385 Monday

Focus on Prince Rupert, Lower Mainland large workplaces

Rising accident rates and payout costs have contributed to billion-dollar deficits at ICBC. (Comox Valley Record)
B.C. appealing decision keeping ICBC injury cases in court

David Eby vows to ‘clip wings’ of personal injury lawyers

Hannah Ankenmann, who works with k’awat’si Economic Development Corporation, winces as she received her first shot of the Pfizer vaccine administered by a Gwa’sala-‘Nakwaxda’xw Family Health nurse. (Zoe Ducklow photo)
Vancouver Island’s small remote towns to get community-wide vaccine clinics

Island Health to take a wholesale approach to immunization, rather than age-based appointments

Anyone with information is asked to call Nanaimo RCMP at 250-754-2345 or contact Crime Stoppers by calling 1-800-222-8477 or submitting a tip online at www.nanaimocrimestoppers.com.
21-year-old motorbike rider dies after crash with ATV on Nanaimo back road

Incident happened Sunday afternoon near Boomerang Lake

(Black Press Media files)
Hosts charged, attendees facing COVID fines after Vancouver police bust party at condo

Police had previously received 10 complains about that condo

Minister of Families, Children and Social Development Ahmed Hussen takes part in an update on the COVID pandemic during a press conference in Ottawa on Tuesday, Oct. 27, 2020. A joint federal and B.C. government housing program announced today aims to help people living in up to 25,000 vulnerable households pay their rent. THE CANADIAN PRESS/Sean Kilpatrick
Federal, B.C. governments announce $517-million rent aid program to help vulnerable

Benefits for those not eligible for B.C.’s Rental Assistance Program or Shelter Aid for Elderly Renters

Most Read