ICBC to increase rates in 'high growth areas'

ICBC will increase auto insurance rates according to "high growth rate" areas as of May 1st.

People who live in higher density areas will get an increase in premiums. ICBC says there are more accidents in areas where there are more cars.

The Fraser Valley, Maple Ridge, Pitt Meadows, Pemberton and Hope areas will get an increase in their premiums by no more than six per cent.

Rates in Greater Vancouver will remain the same. In the rest of the province, rates will be slightly decreased.