'Millions Of BC Drivers' Are About To Get Cheques In The Mail From ICBC

ICBC has extra money to share!
ICBC Rebate Cheques Are Being Mailed Out To 'Millions Of BC Drivers' Soon
Mitch Hutchinson | Dreamstime
Contributor

On Tuesday, February 2, B.C. government officials made an announcement regarding auto insurance affordability in the province and shared the news that millions of local drivers will be getting ICBC rebate cheques in the mail. 

Since the beginning of the COVID-19 pandemic, ICBC has saved about $600 million because there have been way fewer crashes while people have been staying closer to home. 

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$190 Average rebate amount. 

"Our work to make life more affordable for British Columbians includes fulfilling our commitment to take earnings at ICBC that are related to the pandemic and give that money back to people," said Premier John Horgan.

He said British Columbians who are ICBC customers can expect their cheques in the mail soon as they will be sent out in mid-March. 

Mike Farnworth, the province's minister of public safety, said that B.C. is set to deliver "a significant rebate to millions of B.C. drivers."

So, if you've been paying your car insurance throughout the pandemic even though your tires have hardly touched pavement, this is your chance to see a little bit of that money back in your bank account.

"Our top priorities during the pandemic have been, first, the health and safety of our customers, employees and business partners - and second, making insurance more affordable," said Nicolas Jimenez, president and CEO of ICBC. 

This is a one-time rebate.

MoneyCanada
  • Britanny Burr
    Britanny Burr was a Staff Writer at Narcity Canada, who drove growth within Narcity's Western coverage and readership. Having lived between her hometown, Canmore, Alberta and Calgary, Montreal, Vancouver, and NYC over the past 10 years, she is obsessed with finding the best local hot spots. She holds a B.A. in English and has over six years of professional writing experience as Head Writer and Editor for YUL.Buzz in Montreal, and Creative Copywriter at JAKT in NYC. News by day, poetry by night — the written word is Britanny's nearest and dearest.

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