Fleet vehicle at-fault crash won't impact driver's insurance premium
16 December 2019
ICBC is making a change to the new rating model so that at-fault crashes that occur in a fleet vehicle will not impact the driver’s ICBC premiums.
As you may recall, in August we made changes to our new model to help fleet customers transition — only fleet claims with a date of loss on or after January 1, 2020 could have potentially impacted the at-fault driver’s insurance premium going forward. Since then, some of our fleet customers asked us – and government – to reconsider the impacts. We listened and have made the decision not to implement the change at this time.
This means at-fault crashes that occur in a fleet vehicle will not impact the driver’s ICBC premiums, including their personal policy or other policies where they are listed as a driver. The at-fault crash will also have no impact on the driver’s crash forgiveness eligibility.
Two discounts will continue to be available for vehicles in a fleet
- 10% discount for original manufacturer-installed autonomous emergency braking technology, and
- 10% discount for vehicles driven less than 5,000 km in a year (annual policies only).
We’ve updated information on icbc.com and we’re also going to mail our fleet customers a letter to advise them of this change. We’ve also updated information on our business partners’ site, which includes a factsheet and conversation guide to help you communicate this change to your students.