ICBC
All motorists in BC are required to buy a basic package of ICBC Autoplan insurance that provides coverage for third party legal liability protection, accident benefits, underinsured motorist protection, hit-and-run and uninsured motorists protection and inverse liability. In addition to providing this basic insurance, the Corporation competes with other automobile insurance companies by offering extended third-party legal liability and other optional insurance coverage such as collision and comprehensive coverage. In setting premiums, ICBC does not discriminate on the basis of age, sex or marital status and discounts are provided based on the number of years that a driver has been claims free. The Corporation collects insurance premiums from more than 2.6 million motorists and invests these premiums to provide insurance benefits for clients and victims of crashes. ICBC works with communities and stakeholder groups to help them take responsibility for their road safety challenges. ICBC works with Autoplan brokers to promote safe driving through a series of programs under the umbrella name of RoadSense. ICBC invests in a number of loss-prevention initiatives in pursuit of the financial benefits from reduced crashes, injuries and deaths. Contact: Lisa Tonn or Sandra Ferrolino - 604-437-6200 |
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The Insurance Corporation of British Columbia (ICBC) is a provincial Crown Corporation established in 1973 to provide universal auto insurance to BC motorists. In addition, the Corporation is responsible for driver licensing, vehicle registration and licensing. 
