April 16, 2024

ICBC rates are going up

With slumping revenue and increased costs, ICBC wants to raise rates next year. The Crown Corporation will apply over the next few days to raise basic insurance rates, while dropping rates for optional coverage. The impact of the rate increase on people who get full coverage from ICBC works out to less than thirty dollars a year. The company blames increasing bodily claim costs and the i…
CKNW Vancouver News

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