To receive the rebate as quickly as possible, customers are encouraged to update their addresses and sign up for direct deposit or through an Autoplan broker.
Additionally, basic rates will remain unchanged until March 31, 2026, making it six years in a row with no increase, Eby said.
“Six years of stable rates and the fourth rebate for drivers comes as a result of years of work turning ICBC around so that it actually works for people,” Eby said in a release. Under the new system, medical bills and loss of income are covered for people involved in a crash, as are specialist treatments such as physiotherapy.
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