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ICBC has added a new online tool to provide customers an estimate of how much they will save when they renew their vehicle insurance under Enhanced Care and how much they will get in a refund from ICBC.
The insurance estimator will help personal customers understand what the upcoming premium savings will mean to them. When Enhanced Care comes into effect May 1, 2021, customers who purchase basic and optional insurance from ICBC will save 20% on average. Most customers will also be eligible for a one-time, pro-rated refund.