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British Columbia freezes auto insurance rates through 2027 for seventh year, citing stability and affordability.
British Columbia will keep basic auto insurance rates frozen through 2027, marking seven consecutive years without an increase.
ICBC, the provincial insurer, says financial stability makes rate hikes unnecessary, delaying any future request until late 2026.
The freeze supports affordability while maintaining strong recovery benefits.
A usage-based discount for low-mileage drivers and ongoing improvements to digital services are also part of the effort to enhance customer experience.
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British Columbia congela las tasas de seguro de automóvil hasta 2027 por séptimo año, citando la estabilidad y la asequibilidad.