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By Dana Lajeunesse, MLA for Juan de Fuca-Malahat

Sound Off

SOUND OFF: Keeping your insurance rates low through ICBC

Nov 5, 2025 | 11:18 AM

LAST WEEK, we announced that we will be keeping ICBC basic auto-insurance rates low through 2027.

British Columbians are facing pressures with rising costs due to global inflation and Donald Trump’s tariffs, and they don’t need to worry about their insurance costs rising, too.

Up until at least 2027, basic auto insurance rates will remain unchanged, marking seven years of stability through reliably low auto insurance for B.C. drivers.

Once upon a time under John Rustad and the previous B.C. Liberal government, British Columbia had some of the highest auto insurance rates in the country.

Our BC NDP government changed that.

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Thanks to strong financial management, our government was able to introduce our Enhanced Care Model of ICBC in 2021, saving people thousands of dollars on their auto-insurance plans.

The Enhanced Care model has shown results. We’ve been able to save drivers around $496 per vehicle per year, resulting in roughly a 28 per cent discount for policy holders.

In addition, changes to how we operate auto insurance has resulted in improved care, recovery and income replacement benefits. These benefits, should you be involved in an accident, are also based on individual needs. Enhanced Care helps make sure that you get the support you need right away, for as long as you need it.

On top of steady, reliably lower insurance rates, ICBC policy holders have also benefited from $640 each through five separate rebates.

There’s no better feeling than being able to put money directly back into British Columbians’ pockets, and this is a result of an improved financial performance and the strong position that this government helped put ICBC in.

We know it’s not just drivers who are feeling the affordability crisis, and this is just one of the ways we are working to save families and individuals who live here money and help ease the load.

Investments like more affordable child care, free transit for kids under 12, the B.C. Family Benefit and the Climate Action Tax Credit are all contributing to support for British Columbians.

There is more to do and whether it is through stabilizing basic insurance rates or through rebates and other benefits, we will continue to do everything we can to support British Columbians feeling affordability pressures.

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Editor’s Note: This opinion piece reflects the views of its author, and does not necessarily represent the views of CFJC Today or Pattison Media.