B.C drivers who are at low risk of getting into a crash may soon be rewarded for their good records.
The Insurance Corporation of B.C. is considering shifting gears on how it prices basic insurance, where the coverage will be driver focused instead of centring on the current rating system that uses a car's claims history.
ICBC says it's launching a series of province-wide public consultations to glean whether the structural change has support.
Mark Blucher, an ICBC senior vice-president, says the new scheme could end up seeing about two-thirds of drivers paying less than they do today, while the remaining third could pay more.
He says customers have already told the corporation they believe higher-risk drivers should be identified so that costs will be more fair, and suggests the change will also encourage safer driving.
Consultations began Monday and will be hosted at public open houses in 12 regional centres across the province starting next week.
