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EDITORIAL – Auto insurance rebates will bring us closer to affordability

(Image: Govt of BC)

An editorial by Mel Rothenburger.

I WAS BETTING on a $101 rebate on my auto insurance — it just seemed like the kind of thing politicians might do — but Premier John Horgan fooled me, announcing rebates yesterday averaging $190, with some drivers getting up to $400.

I’m hoping for the latter but will settle for the former. The actual amount will be calculated by the government based on what we paid between April 1 and Sept. 30 last year.

And, keep in mind the $190 is an average, not a minimum. Some will get less.

The fact we’re getting anything at all is a tribute to common sense plus a lot of pressure from unhappy policy holders as ICBC savings mounted due to the COVID-19 pandemic, to the tune, in fact, of $600 million. The fact drivers in other parts of the country have been getting rebates might have had something to do with it, as well.

Reluctance to promise a rebate was put down to the need to address ICBC’s dumpster fire before getting generous with drivers who have seen their insurance costs balloon over the past couple of years.

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Mel Rothenburger is a former mayor of Kamloops and a retired newspaper editor. He is a regular contributor to CFJC Today, publishes the ArmchairMayor.ca opinion website, and is a director on the Thompson-Nicola Regional District board. He can be reached at mrothenburger@armchairmayor.ca.

About Mel Rothenburger (8126 Articles)
ArmchairMayor.ca is a forum about Kamloops and the world. It has more than one million views. Mel Rothenburger is the former Editor of The Daily News in Kamloops, B.C. (retiring in 2012), and past mayor of Kamloops (1999-2005). At ArmchairMayor.ca he is the publisher, editor, news editor, city editor, reporter, webmaster, and just about anything else you can think of. He is grateful for the contributions of several local columnists. This blog doesn't require a subscription but gratefully accepts donations to help defray costs.

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