Second auto insurance rebate coming in B.C. as pandemic prompts crash savings

VICTORIA — A second insurance rebate is coming for British Columbia drivers thanks to lower claim costs due to fewer crashes during the COVID-19 pandemic. 

The government says the Insurance Corporation of B.C. will begin distributing rebates averaging $120 starting in mid-July, returning about $350 million to almost three million customers. 

Solicitor General Mike Farnworth says in a statement the government has been clear that any pandemic-related savings on the corporation’s bottom line will benefit customers. 

Farnworth says the public auto insurer is in a strong financial position to issue the second rebate.