are getting a second COVID-19 rebate to reflect money saved by the Insurance Corporation of British Columbia as a result of so few crash claims over the last months. The public auto insurer says it will start distributing rebates averaging $120 per policy in mid-July. The total amount of money being returned is approximately $350 million, distributed among 2.94 million customers. Most customers with an active auto insurance policy from Oct. 1, 2020, to March 31, 2021, will be eligible for the rebate, according to ICBC. ICBC said the expected number of claims dropped 20 per cent between Oct. 1, 2020, and March 31, 2021.

Source: CBC News June 11, 2021 17:54 UTC