Unlock Big Savings! ICBC Reveals New Discount for Low-Mileage Drivers
2025-04-24
Author: Jacob
Driving Less? Save More on Insurance!
Attention all drivers! If you're clocking in under 15,000 kilometers a year, you might be in for a sweet deal. The Insurance Corporation of British Columbia (ICBC) has just announced a new insurance discount that could save you between 10% and 15% on your car insurance premiums!
This exciting new offer isn't just another promotion; it's part of ICBC's commitment to incentivize lower-mileage driving. It's simple: the less you drive, the more you'll save. This discount covers a wide range of options, including collision, comprehensive, and extended third-party liability coverage — making it a great opportunity for budget-conscious drivers.
How to Qualify?
To snag this discount, you'll need to meet a few criteria: drive fewer than 15,000 kilometers annually, provide two odometer readings spaced a year apart as proof, and hold a 12-month plan with ICBC Optional coverage. Keep in mind, motorcycles, RVs, collector vehicles, and a few other categories won't qualify for this discount.
David Wong, ICBC's president & CEO, emphasizes the dual benefits of reduced driving: "Driving less not only lowers your risk of getting into a crash, it’s also better for the environment. We hope more of our customers will take advantage of this new Optional distance-based discount now available."
A Step Towards Savings and Sustainability!
This new initiative builds on ICBC's already successful usage-based discount program, which rewarded nearly 882,000 customers last year. Given the rising costs of living, this offer presents a timely opportunity for drivers looking to lower their expenses.
Mark your calendars! This fantastic discount will be available for policy renewals starting June 1. Don’t miss out on the chance to save while contributing to a greener planet!