Your total Autoplan premium is affected by any additional Optional coverage you choose to buy. The more Optional coverage you purchase, the higher your premium will be.
Basic Autoplan provides the minimum required insurance to be on the road in British Columbia. Optional coverage lets you increase your coverage to suit your needs.
ICBC offers many types of Optional coverage in addition to providing Basic Autoplan. For example:
Your deductible is the amount you pay in the event of a claim before ICBC covers the rest. The lower the deductible, the more your insurance will cost. Your broker can provide quotes on how different deductible amounts will affect your premiums.
Find out what else we take into account when setting premiums.
If you are looking to reduce your Optional insurance costs, talk to your Autoplan broker to find the right insurance coverage to meet your driving needs.