Close X
Sunday, November 24, 2024
ADVT 
National

Auto Insurance Rates In B.C. Could Spike 30 Per Cent Without Overhaul

Darpan News Desk The Canadian Press, 24 Jul, 2017 01:41 PM
    VANCOUVER — A new report warns that British Columbia drivers may have to pay 30 per cent more for auto insurance unless the provincial government makes big changes.
     
     
    The study by Ernst & Young says a massive overhaul to the Insurance Corp. of British Columbia needs to start now in order to avoid drastic rate hikes that are forecast over the next two years.
     
     
    The report says changes could include bringing back photo radar, capping payments for pain and suffering and making high-risk drivers pay more.
     
     
    The Crown corporation commissioned the report before the B.C. New Democrats defeated the incumbent Liberals in May.
     
     
     
     
    The report says ICBC is under increasing financial pressure because of a spike in the number of car crashes happening on B.C. roads and a jump in the cost of vehicle repairs and injury claims.
     
     
    Liberal MLA Andrew Wilkinson says the NDP government needs to be clear with British Columbians about its plans for the insurance corporation.

    MORE National ARTICLES

    Truck Hits Cow, Veers Into House Off Highway 97A: RCMP

    Truck Hits Cow, Veers Into House Off Highway 97A: RCMP
    Part of an Armstrong, B.C., home is in shambles and a driver has minor injuries after a transport truck sheared off the back deck of a house in an early morning crash.

    Truck Hits Cow, Veers Into House Off Highway 97A: RCMP

    Marissa Shen, 13, Found Dead In Burnaby Central Park

    Marissa Shen, 13, Found Dead In Burnaby Central Park
    Police say they are investigating a potential homicide after the body of a 13-year-old girl was found in a wooded area of a popular park in Burnaby, B.C.

    Marissa Shen, 13, Found Dead In Burnaby Central Park

    13-Year-Old Girl In Found Dead Burnaby's Central Park, Police Investigating

    13-Year-Old Girl In Found Dead Burnaby's Central Park, Police Investigating
    There is a large police presence in Central Park, which has been cordoned off with caution tape. 1

    13-Year-Old Girl In Found Dead Burnaby's Central Park, Police Investigating

    B.C.'s New Premier Hones In On Opioid, Softwood, Education In First Speech

    B.C.'s New Premier Hones In On Opioid, Softwood, Education In First Speech
    British Columbia's new premier says the wait is over as promises that he and his freshly appointed cabinet will hit the ground running on their first day in government.

    B.C.'s New Premier Hones In On Opioid, Softwood, Education In First Speech

    U.S.-Bound Travellers To Face 'Enhanced Security Measures' At All Canadian Airports

    U.S.-Bound Travellers To Face 'Enhanced Security Measures' At All Canadian Airports
    Flying to the United States may take a while longer as of today due to enhanced security measures affecting flights to the U.S.

    U.S.-Bound Travellers To Face 'Enhanced Security Measures' At All Canadian Airports

    Hateful Package Sent To Quebec City Mosque Two Days Before Muslim Cemetery Vote

    QUEBEC — A package expressing hate toward a Muslim cemetery project was delivered last week to the Quebec City mosque where six men were shot dead in January, police said Wednesday.

    Hateful Package Sent To Quebec City Mosque Two Days Before Muslim Cemetery Vote