The Insurance Corporation of British Columbia has been working tirelessly since 1973 to provide universal car insurance for drivers in the westernmost province of Canada. The provincial Crown corporation is responsible for the driver licensing and insurance coverage in the region – a unique model in insurance infrastructure that ensures universal coverage for all local drivers. However, ICBC also offers a range of competitive insurance products, as well as the mandatory policy British Columbia drivers are required to have by law, making them a pioneering insurer. The company is flexible and efficient and boasts an above 90 percent satisfaction rate from its customer base.
Insurance premiums collected from motorists