The province and ICBC are proposing big changes to the way insurance premiums are determined.
If they are approved by the BC Utilities Commission the new rates would come into effect in September of 2019.
David Eby, Attorney General, says the changes will not increase the total funds that ICBC collects……

Changes include a shift that will tie at-fault crashes to drivers, not the owner of the vehicle, discounts for drivers with up to 40 years of driving experience, discounts for vehicles with original, manufacturer-installed automatic emergency braking technology and for vehicles driven less than 5,000 kilometres per year.

Insurance premiums will also factor in where you live and the traffic density.