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ICBC to issue Rebates, Average Amount $190.


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https://dailyhive.com/vancouver/icbc-600-million-rebate-bc-drivers

 

ICBC has announced a $600 million return for drivers in British Columbia as a result of some of the savings garnered throughout the pandemic.

 

The announcement was made on Tuesday by Premier John Horgan, Minister of Public Safety and Solicitor General Mike Farnworth, and ICBC President and CEO Nicolas Jimenez

“ICBC has been working with the government over the past two years to find ways to reduce cost, to bring down policy cost to drivers,” Horgan said during a press conference. “That’s resulted in fewer collisions, fewer claims through the COVID period, and that’s led to higher income at ICBC.”

The Crown corporation will be returning net savings of about $600 million directly to drivers. This will be issued in the form of a one-time rebate cheque, averaging about $190 per policyholder.

Drivers that had a policy between April 1 and September 30, 2020, will benefit from the payment. Those that cancelled their policy during the height of the pandemic will receive a partial refund.

 

Farnworth explains that 80% of recipients will receive between $50 to $300.

“It could go as low though, as $25, to about $400 being the maximum,” he noted.

Horgan adds that the cheques won’t be issued until the beginning or middle of March, stressing that ICBC needed to be on “sound financial footing,” as preparations for the enhanced care model are underway.

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28 minutes ago, Down by the River said:

Was not expecting that. I mean, ICBC is still a god damn joke and Vancouver driving is an absolute mess... some people should be paying $15,000 to be insured... but I'll take the cash thank you very much. 

An angry thanks. 
 

Thangksry? 

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3 hours ago, StealthNuck said:

15% rate reduction and a rebate is a damn good start. 

A lot of people don't realize that they are much less protected moving forward though. People will need to buy additional disability insurance to compensate, or they are literally risking their livelihoods. So if you have to buy additional disability how much are you saving? Obviously this doesn't apply to jobs that have disability insurance built into their benefits package (government, large corps, unions).

Edited by I.Am.Ironman
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After all that debt talk they have been talking about over the years you think they wouldn't be giving away money for no reason.

 

Still trying to figure out if it's per vehicle you have insured

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On 2/2/2021 at 6:45 PM, I.Am.Ironman said:

A lot of people don't realize that they are much less protected moving forward though. People will need to buy additional disability insurance to compensate, or they are literally risking their livelihoods. So if you have to buy additional disability how much are you saving? Obviously this doesn't apply to jobs that have disability insurance built into their benefits package (government, large corps, unions).

unfortunately there will be many that decide to go without which ultimately will save icbc millions or more

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On 2/2/2021 at 6:45 PM, I.Am.Ironman said:

A lot of people don't realize that they are much less protected moving forward though. People will need to buy additional disability insurance to compensate, or they are literally risking their livelihoods. So if you have to buy additional disability how much are you saving? Obviously this doesn't apply to jobs that have disability insurance built into their benefits package (government, large corps, unions).

I believe, iirc, that serious injuries can still be litigated in court. 
 

This measure for good or bad is attempting to curb the many nonsensical claims and payouts that have been gutting the system and increasing our rates. 

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On 2/5/2021 at 2:25 PM, PhillipBlunt said:

One thing ICBC should no longer be in charge of is driver licensing. They've failed miserably at it. The driving in the Lower Mainland is some of the worst in North America. The DMV should be reinstated with extremely strict regulations, including abolishing one for one license transfers for people coming from other countries. 

Years back in Richmond a pay for licences scam was exposed. Multliple driver testers were fired.

However none of the people passed by those inspectors were required to come in and be retested.   " Too expensive" was the decision.

 

So they let unqualified cheaters get away with it, cause "money".

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3 minutes ago, gurn said:

Years back in Richmond a pay for licences scam was exposed. Multliple driver testers were fired.

However none of the people passed by those inspectors were required to come in and be retested.   " Too expensive" was the decision.

 

So they let unqualified cheaters get away with it, cause "money".

That’s insane. They should have found those people and taken away their licenses, charged them with a criminal offence and banned them permanently from having a license in BC. ICBC is run by a bunch of parasitic hacks. 

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1 minute ago, PhillipBlunt said:

That’s insane. They should have found those people and taken away their licenses, charged them with a criminal offence and banned them permanently from having a license in BC. ICBC is run by a bunch of parasitic hacks. 

Some links about it, first is a story from 2004, then  next in 2014 it gets worse. The second story doesn't involve fraud just lousy  rules/regs

https://www.cbc.ca/news/canada/british-columbia/driver-s-licence-scam-busted-icbc-1.511470

"

The Insurance Corporation of B.C. is accusing one of its driving examiners and the owner of a driving school in Richmond of allegedly selling drivers' licences illegally.

ICBC has launched a civil suit against the pair claiming that more than 200 licences may have been issued in the scam."

 

https://www.richmond-news.com/local-news/thousands-of-illegal-chinese-motorists-could-be-driving-in-richmond-2975998

 

A legal loophole is leading potentially thousands of Chinese motorists in Richmond to take to the road illegally.

Richmond RCMP has, for several years, been fining drivers $276 and towing their vehicle off the road if caught behind the wheel with a Chinese driver’s licence.

The vast majority of those drivers, though, have been given the go-ahead to drive for a designated length of time by ICBC, which is using the Motor Vehicle Act (MVA) to justify its decision.

According to local Mounties, they have no way of verifying if the information on the licence is correct because, unlike agreements with other countries, they’ve no access to Chinese driver licence information.

Richmond RCMP has, therefore, deemed the document invalid — a position that, the RCMP says, has been backed up by the courts after numerous drivers challenged the violation and failed.

A recent escalation in the number of drivers in the city being pulled over and found to be carrying a Chinese licence led to Richmond RCMP appealing to ICBC to work with them to find a solution.

“This has been going on for many years, but it can’t continue,” said Const. Dennis Hwang, of Richmond RCMP’s road safety unit. “It seems to be more prevalent now than it’s ever been. But the drivers are rightly saying to us, ‘How can this be right when ICBC says it’s OK?’”

On any given weekend, said Hwang, “you can be sure that almost everyone we stop in Richmond will be carrying one of these licences.

“It’s not a legal document because it’s not verifiable, there’s no agreement between the two governments to share information.”

ICBC disagrees, saying an official driver’s licence, issued by China, is acceptable in B.C. for any visiting tourist up to six months. If you’ve established residency, your licence is valid for 90 days, ICBC stated.

When asked by the News why ICBC recognizes a Chinese licence as a valid document, but Richmond RCMP does not, the insurance corporation’s senior media relations advisor, Adam Grossman, made specific reference to the MVA, which uses the words “validly issued” in terms of the licence from your country.

 

t’s those two words that are troubling the RCMP.

“Validly issued? How do they know it’s been validly issued when they have no access to that country’s driving licence records?” added Hwang.

Many foreign tourists driving in B.C. have an international driver’s permit (IDP), which you can only get in your country of origin, and only if that country is part of a core group signed up for the program.

“China is not one of those countries and when we come across Chinese drivers with an IDP, we know that document is fake,” said Hwang.

There could be people from other countries, driving around Richmond and the rest of the province, awaiting a similar fate to the ones with Chinese licences.

The Chinese licence issue only came to light in Richmond because of the high proportion of Chinese drivers on the local roads. According to Hwang, ICBC has attended court cases where the RCMP’s actions have been challenged by the driver, resulting every time in a justice of the peace ruling in the police’s favour.

After ICBC representatives met Tuesday morning with Richmond RCMP to find a solution, Grossman insisted the licence is still valid, but said the corporation has agreed to share its advanced “verification tools” and knowledge with the Mounties in a bid to end the impasse.

Grossman said ICBC has highly-trained and experienced officers, who know what to look for in a Chinese drivers licence to verify its authenticity.

“We simply follow the legislation…we’re aware of the RCMP’s concerns around verification.

“We’re going to see what we can do to assist them.”

Although ICBC claims it has tools to verify authenticity, it’s understood Richmond RCMP still has issues with the document’s validity and will continue to fine and tow drivers with such licences until the courts say otherwise.

 

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9 minutes ago, gurn said:

Some links about it, first is a story from 2004, then  next in 2014 it gets worse. The second story doesn't involve fraud just lousy  rules/regs

https://www.cbc.ca/news/canada/british-columbia/driver-s-licence-scam-busted-icbc-1.511470

"

The Insurance Corporation of B.C. is accusing one of its driving examiners and the owner of a driving school in Richmond of allegedly selling drivers' licences illegally.

ICBC has launched a civil suit against the pair claiming that more than 200 licences may have been issued in the scam."

 

https://www.richmond-news.com/local-news/thousands-of-illegal-chinese-motorists-could-be-driving-in-richmond-2975998

 

A legal loophole is leading potentially thousands of Chinese motorists in Richmond to take to the road illegally.

Richmond RCMP has, for several years, been fining drivers $276 and towing their vehicle off the road if caught behind the wheel with a Chinese driver’s licence.

The vast majority of those drivers, though, have been given the go-ahead to drive for a designated length of time by ICBC, which is using the Motor Vehicle Act (MVA) to justify its decision.

According to local Mounties, they have no way of verifying if the information on the licence is correct because, unlike agreements with other countries, they’ve no access to Chinese driver licence information.

Richmond RCMP has, therefore, deemed the document invalid — a position that, the RCMP says, has been backed up by the courts after numerous drivers challenged the violation and failed.

A recent escalation in the number of drivers in the city being pulled over and found to be carrying a Chinese licence led to Richmond RCMP appealing to ICBC to work with them to find a solution.

“This has been going on for many years, but it can’t continue,” said Const. Dennis Hwang, of Richmond RCMP’s road safety unit. “It seems to be more prevalent now than it’s ever been. But the drivers are rightly saying to us, ‘How can this be right when ICBC says it’s OK?’”

On any given weekend, said Hwang, “you can be sure that almost everyone we stop in Richmond will be carrying one of these licences.

“It’s not a legal document because it’s not verifiable, there’s no agreement between the two governments to share information.”

ICBC disagrees, saying an official driver’s licence, issued by China, is acceptable in B.C. for any visiting tourist up to six months. If you’ve established residency, your licence is valid for 90 days, ICBC stated.

When asked by the News why ICBC recognizes a Chinese licence as a valid document, but Richmond RCMP does not, the insurance corporation’s senior media relations advisor, Adam Grossman, made specific reference to the MVA, which uses the words “validly issued” in terms of the licence from your country.

 

t’s those two words that are troubling the RCMP.

“Validly issued? How do they know it’s been validly issued when they have no access to that country’s driving licence records?” added Hwang.

Many foreign tourists driving in B.C. have an international driver’s permit (IDP), which you can only get in your country of origin, and only if that country is part of a core group signed up for the program.

“China is not one of those countries and when we come across Chinese drivers with an IDP, we know that document is fake,” said Hwang.

There could be people from other countries, driving around Richmond and the rest of the province, awaiting a similar fate to the ones with Chinese licences.

The Chinese licence issue only came to light in Richmond because of the high proportion of Chinese drivers on the local roads. According to Hwang, ICBC has attended court cases where the RCMP’s actions have been challenged by the driver, resulting every time in a justice of the peace ruling in the police’s favour.

After ICBC representatives met Tuesday morning with Richmond RCMP to find a solution, Grossman insisted the licence is still valid, but said the corporation has agreed to share its advanced “verification tools” and knowledge with the Mounties in a bid to end the impasse.

Grossman said ICBC has highly-trained and experienced officers, who know what to look for in a Chinese drivers licence to verify its authenticity.

“We simply follow the legislation…we’re aware of the RCMP’s concerns around verification.

“We’re going to see what we can do to assist them.”

Although ICBC claims it has tools to verify authenticity, it’s understood Richmond RCMP still has issues with the document’s validity and will continue to fine and tow drivers with such licences until the courts say otherwise.

 

Disgusting. 

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Giving up your rights for complete control of your injured future into the hands of an insurance company should be more than a measly 190 a year

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7 minutes ago, mpt said:

Giving up your rights for complete control of your injured future into the hands of an insurance company should be more than a measly 190 a year

I wonder what public opinion will be when the news stories start to come out of how ICBC has screwed people out of adequate compensation following life altering injuries. Everyone loves an extra $200, but at what price? People get a cheque and think it's a better system for them. This system protects bad drivers and leaves everyone more vulnerable.

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On 2/9/2021 at 7:22 AM, I.Am.Ironman said:

I wonder what public opinion will be when the news stories start to come out of how ICBC has screwed people out of adequate compensation following life altering injuries. Everyone loves an extra $200, but at what price? People get a cheque and think it's a better system for them. This system protects bad drivers and leaves everyone more vulnerable.

This system doesn't just protect bad drivers, but it helps create them, as proven by @gurn earlier on in the thread. Take away ICBC's right to license new drivers and put it in the hands of a competent department of motor vehicles, and watch the accidents decrease exponentially. 

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On 2/8/2021 at 9:27 AM, Sharpshooter said:

I believe, iirc, that serious injuries can still be litigated in court. 
 

This measure for good or bad is attempting to curb the many nonsensical claims and payouts that have been gutting the system and increasing our rates. 

i'm under the impression that they will cover 90% of your wage (disadvantageous to young, early career earners), all of your medical care up to 7M (this is good), and if necessary fund re-education if you have to change careers. I haven't seen where there is any opening for additional compensation. If I have to change a career that I have chosen and lose earnings to go back to school for 4 years, that should be compensated imo. Plus the challenges that many will face dealing with chronic pain for a long time. Like MPT said, in this system people are at the complete mercy of ICBC and how they 'classify' your claim. The courts were at least an unbiased 3rd party.

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