The B.C. government is looking at waiving cancellations fees at ICBC as drivers grapple with whether to get rid of car insurance during the COVID-19 pandemic.
Right now, cancelling an ICBC policy comes with a $30 fee, plus $18 for new licence plates and another $15 if you pay monthly. “A number of people — because of loss of employment — may need to put their insurance on hold or cancel their insurance, where deferrals are not enough, and we don’t want them to pay an extra fee,” said Attorney General David Eby. “For people who are looking at potentially cancelling their insurance and restarting it, I would suggest to the extent it is possible, waiting to cancel to give us the chance to have in place a system to allow them to do that without