Photo courtesy Canadian Press

By CKPG Today

ICBC rebates

British Columbians to receive ICBC rebate cheques

Feb 2, 2021 | 12:38 PM

VICTORIA — Premier John Horgan says ICBC policy holders will receive rebate cheques averaging $190 next month.

He says the checks will be mailed out from early to mid-March as there has been $600 million in net savings during the pandemic due to less crashes. The cheques will range from $25 to $400.

“As people’s driving behaviours changed during the pandemic, including staying close to home and off the roads, ICBC’s savings grew,” says Mike Farnworth, Minister of Public Safety and Solicitor General. “After assessing the full benefit of pandemic-related savings against ICBC’s bottom line, we are now set to deliver a significant rebate to millions of B.C. drivers.”

Horgan calls the rebate the largest in Canada. And due to change the switch to no-fault insurance, he says the average policy holder will also see an average reduction of 20 per cent to their insurance policies.

BCHL Playoffs

Langley's goalie steals game one over Spruce Kings

4h ago

ckpg news special

The Resource Reality

23h ago

Crime

Paramedics injured after object thrown through ambulance window

Apr 03, 2026

That 20 per cent works out to a savings of $400.