ICBC waives fees and offers money saving tips during pandemic - News Summed Up

ICBC waives fees and offers money saving tips during pandemic


ICBC is temporarily waiving a number of fees amid the pandemic. Drivers who choose to suspend their insurance won't have to pay the usual $30 cancellation and $18 re-plating fees. "We know many British Columbians are facing financial challenges as a result of the COVID-19 pandemic," said Nicolas Jimenez, president and CEO of ICBC. In a statement, ICBC says drivers who cancel must remove their licence plates from their vehicle but can reuse the same plates as long as they reinsure after May 30. With many businesses now switching to delivery models, ICBC says drivers don't need to change their insurance or pay higher premiums.


Source: CBC News April 16, 2020 23:48 UTC



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