Insurance Corporation of British Columbia

Insurance Corporation of British Columbia

ICBC announces $110 rebate, freezes rates for another 2 years. Most drivers in British Columbia will receive a $110 vehicle insurance rebate this year after the Insurance Corporation of B.C. announced strong investment and financial returns.

This rebate comes as welcome news to many drivers in the province, as the cost of insurance can be a significant expense. The decision to freeze rates for another 2 years will also provide some stability and relief for policyholders.