New distance-based discount
Drive less than 10,000 km in a year? You may be eligible for a new discount. Bring a photo of your current odometer reading when you buy or renew your insurance. Ask your broker for more information.
We offer a 10 percent discount for vehicles that are driven less than 5,000 km in a year. For policies effective June 1, 2023 or later, the low-kilometre discount on ICBC optional coverages will be moved to and expanded under the new distance-based discount.
Who would benefit?
The discount may benefit those who do not regularly use their vehicle, for example, those who only drive on evenings and weekends, use public transportation to commute to school or work during the week, or simply have a second vehicle that’s not used very often.
The discount applies to Basic, Extension Third Party Liability and Collision premiums.
The discount is based on the mileage driven over the last 12 months. This is determined by an odometer reading from the previous policy term, and another at the policy’s renewal a year later.
annual policies are eligible for the discount (not short-term policies).
There are certain
rate classes that are not eligible, such as motorcycles and collector vehicles because their rate classes already reflect low kilometres travelled as most of these vehicles are not used year round. This discount is meant for those who are in rate classes where the majority of the vehicles are driven longer distances.
Talk to your broker if you have questions about your vehicle’s eligibility.
Collecting odometer readings
If you have a vehicle that may qualify for this discount, you need to provide your vehicle’s odometer reading at the time of your renewal or new policy purchase.
How the discount works
qualifying period for the discount starts when you provide your Autoplan broker with the first vehicle odometer reading.
In a year’s time, at your annual renewal, the odometer reading will need to be provided again to determine if the vehicle was driven less than 5,000 km during the year. If eligible, the discount will then be applied at that time to your renewed policy. If the vehicle was driven 5,000 km or more, it will not be eligible for the discount.
Providing an odometer reading to your broker
To provide the odometer reading, you will need to show your broker one of the following:
a photo of the vehicle odometer taken within the last seven days
a receipt or work order with an odometer reading dated within the last seven days from either a garage, a mechanic, an auto shop or auto dealership
a reading through a service or app which reports vehicle information and diagnostics, generated within the last seven days.
Changes to your policy or transfers mid-term
For policies effective February 1, 2021, or later, customers may provide proof of eligibility any time during their policy period. Proof must be dated no more than seven days prior to your renewal or new policy purchase date. Eligible customers will receive a prorated refund to reflect the discount, based on the date proof is submitted to ICBC. You can submit your reading and required proof online.
The low-kilometre discount cannot be transferred to another vehicle mid-term.