BC Conservative Leader John Rustad has announced a plan to end ICBC’s monopoly and “bring fair, competitive car insurance to drivers across the province.”
Rustad emphasized the need to give British Columbians choice in their insurance options while ensuring fairness for all drivers—young and old—and better support for accident victims.
“ICBC is a bloated monopoly,” said Rustad.
“After years of mismanagement, British Columbians are stuck with a broken system. On top of that, David Eby and the NDP have stripped away the rights of accident victims to fight for the support they need to rebuild their lives. That’s not just wrong, it’s cruel.”
The Conservative plan will end ICBC’s monopoly on basic auto insurance, allowing competition in the marketplace, intended to drive costs down and improve services for drivers.
Rustad says that under the current system, younger and older drivers often face higher rates because of their age.
He says he’s committed to ensuring rate fairness for all drivers, so no one is priced out of the market based on age alone.
The plan would also ditch the no-fault insurance system.
NDP Leader David Eby has a news conference scheduled in Surrey to announce his party’s full platform.
To learn more, visit Conservative Party of British Columbia.
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