ICBC was set up in 1974 because there were problems with uninsured vehicles on the road, partly because many private companies would not sell insurance to everyone. ICBC makes sure auto insurance is affordable and available to all B.C. residents, even those in remote areas.
ICBC's goals are to increase road safety and keep rates as low as possible.
ICBC is a provincial Crown Corporation that provides universal basic auto insurance to B.C. motorists. Basic Autoplan is the minimum amount of insurance any vehicle must carry to legally operate in British Columbia . Visit ICBC's site at www.icbc.com for complete coverage descriptions and requirements of government auto insurance.