Listen Live
Listen Live

ICBC’s red light on insuring luxury cars comes too late: critic

The BC government and ICBC announced this week they’re putting up a red light on insuring luxury vehicles as a way to stop rising repair costs.

The official opposition, however, calls the implementation too little too late, saying drivers across the province, including those behind the wheel in Prince George, have been subsidizing high-end cars for the past five years.

Adrian Dix is the BC NDP’s MLA for Vancouver-Kingsway and critic for BC Hydro.

“So the result of this is, and it’s a direct result of Liberal policies, we’re going to be seeing massive rate increases and obviously for people struggling with other costs, it’s not very good news.”

There were 3,000 luxury cars insured this past year in BC and Dix says taxpayers have been paying 30% more insurance since the last election.

“So people who drive pickup trucks, people driving Fords, and people driving Nissans shouldn’t be cross-subsidizing people driving Ferraris. That makes sense, but it should’ve been done years ago.”

He believes ICBC should be more confident in properly pricing insurance and massive rate hikes will likely happen in the short-term.

Something going on in the Prince George area you think people should know about?
Send us a news tip by emailing [email protected].

Continue Reading

cjci Now playing play

cirx Now playing play

- Advertisement -

Related Articles

<p>

- Advertisement -
</p>

Latest News

Some Northern Interior Health Unit services moving next year

Northern Health's Northern Interior Health Unit (NIHU) will be making a move in spring 2026.  According to Northern Health, the current NIHU building will be deconstructed after the move to make space for the tower. 

Traveling with pets? Keep them secured, says ICBC and BC SPCA

ICBC and the BC SPCA are reminding drivers of the importance of keeping four-legged passengers secure this summer. 

Darin’s Sports Shorts; Saturday, July 5th

A recap of yesterday's sports.

CFIA recalls brand of jarred anchovies due to histamine

A brand of jarred anchovies has been recalled in British Columbia and multiple other provinces.

Single Rollover in Quesnel Claims Life of One Man

RCMP found a 61-year-old man unconscious in the driver’s seat of the SUV. Police and paramedics on the scene attempted life-saving measures, but the man tragically succumbed to his injuries, and police were unable to resuscitate him.
- Advertisement -