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The BC government has proposed changes to how auto insurance rates are calculated in the province.

The changes, which the province says will make the system fairer, would mean that new and inexperienced drivers pay more while people with a long record of safe driving will pay less.

Attorney General David Eby says drivers expect to pay rates based on how safely they drive.

"ICBC's current model for calculating basic insurance premiums for drivers is broke. the model ICBC uses is more than 30-years-old. And it has increasingly failed to ensure drivers are held accountable for their driving habits and risk levels through their insurance rates."

Eby says if the changes are approved by the BC Utilities Commission, two-thirds of drivers will pay less than they otherwise would while one-third will pay more.

 

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