VANCOUVER (NEWS 1130) — ICBC’s temporary COVID-19 relief measures have been approved by the B.C. Utilities Commission.
Last week, the public insurer proposed waiving the $30 cancellation and $18 re-plating fees for those who choose to cancel their insurance.
ICBC also applied to allow fleet-vehicle customers to suspend their insurance, and for drivers whose learner’s licences expire during the pandemic to not have to pay a retest fee.
Drivers delivering groceries or other items, such as medical supplies, also won’t have to upgrade their coverage.
Interim approval of the temporary relief measures was granted Tuesday, says a release from Krissy Van Loon, communications with the utilities commission.
The application was submitted by ICBC on April 16.
A timeline has been established for a public hearing, she adds, to make the changes permanent for the proposed period.
ICBC customers will be required to remove the plates from their vehicles and store the latter while not insured. Customers who reinsure vehicles on May 30 or after will be able to re-use their plates.
Those reinsuring prior to that date will be issued new plates at no charge, and at that time are expected to surrender their old ones.
ICBC previously decided to allow customers who pay for their insurance monthly to defer payments for up to 90 days with no penalty.