(The Canadian Press files)

B.C. drivers can calculate new insurance rates ahead of ICBC changes

Crown corporation will be moving to a more driver-based model beginning Sept. 1

Drivers can now preview how much their car insurance may cost when ICBC changes take effect on Sept. 1.

The Crown corporation is moving to a more driver-based model, which is expected to drive up insurance rates for drivers with at-fault crashes and criminal convictions, while lowering rates for good drivers.

An online calculator, which launched Tuesday, offers an estimate for basic insurance, based on a driver profile created through a series of questions.

According to ICBC, 10 per cent of drivers either have two or more minor driving convictions or have been convicted of a serious driving offence in the past three years. The province has said optional insurance rates for those drivers will likely increase based on specific infractions.

READ MORE: ICBC insurance renewals get more complicated this year

For a more comprehensive look at your specific insurance rates, log in to your ICBC account. That estimation tool can only calculate rates for drivers whose insurance expires in 44 days or less.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

UBC Okanagan to host 2020 softball national championships

The Heat will host the Canadian Collegiate Softball Association National Championships in October

Speedboat reportedly sinking near Manhattan Point in Kelowna

This is the third report of a boat found in the lake in the past two weeks

Kelowna General Hospital takes steps to prevent spread of coronavirus

So far, at least six people have died and 275 people have contracted the virus worldwide

Plans submitted for third hotel across from Kelowna International Airport

YLW passengers in need of accommodations could be getting another option

Vehicle fire occurred outside of fire departments’ coverage areas

Neither Summerland nor Peachland detachments attended incident at Okanagan Lake Provincial Park

UBCO students raise funds for those affected by Philippine volcano eruption

All proceeds will be donated to the Philippine Red Cross

B.C.-based Coulson Aviation C-130 crashes in Australia

Three people are confirmed dead in the crash in New South Wales

New nasal spray launched in Canada to combat hypoglycemic shock in diabetics

Baqsimi is a nasal spray contains three milligrams of glucagon

Prices for recreational marijuana in B.C. down from a year ago

New inflation figures show gasoline, housing and certain kinds of food cost more

B.C. RCMP spent roughly $750K on massive manhunt for Port Alberni men

Manitoba RCMP helped with 17-day search through the province’s northern terrain

Future space homes could be made of mushrooms

NASA explores use of fungi to build structures in space

COLUMN: Pre-clearance changes at Canadian airports

Some believe these expanded powers may be contrary to the Canadian Charter of Rights and Freedoms

Most Read