Discover discounts and savings
You can lower your insurance costs by qualifying for our discounts and savings. Your years of driving, the number of vehicles you insure, how you protect your vehicle—these factors and more can pay off with savings on your Autoplan premium.
There are two discount options available — the low-kilometre discount and the distance-based discount. These discounts form part of usage-based insurance.
For annual policies effective before June 1, 2023, ICBC offers a 10% low-kilometre discount on Basic, Extension Third Party Liability, and Collision coverages for eligible customers who drive their vehicle a distance of less than 5,000 km per year.
For annual policies effective on or after June 1, 2023, ICBC offers:
10% low-kilometre discount on Basic coverage for eligible customers who drive their vehicle a distance of less than 5,000 km per year.
10-15% distance-based discount on Extension Third Party Liability, Collision, Comprehensive and Specified Perils coverages for eligible customers who drive their vehicle a distance of less than 10,000km per year.
If a customer drives less than 5,000 km and have met all other eligibility requirements, then they will be eligible for both the low-kilometre discount on their Basic insurance, and the distance-based discount on their applicable ICBC optional coverages.
Who would benefit?
The discounts may benefit those who do not regularly use their vehicle, for example, those who only drive on evenings and weekends, use public transportation to commute to school or work during the week, or simply have a second vehicle that’s not used very often.
The usage-based discounts are based on the mileage driven over the last 12 months. This is determined by an odometer reading from the previous policy term, and another at the policy’s renewal a year later.
Only annual policies are eligible for the discounts (not short-term policies).
There are certain rate classes that are not eligible, such as motorcycles and collector vehicles because their rate classes already reflect low kilometres travelled as most of these vehicles are not used year round. This discount is meant for those who are in rate classes where the majority of the vehicles are driven longer distances.
Collecting odometer readings
If you have a vehicle that may qualify for this discount, you need to provide your vehicle’s odometer reading at the time of your renewal or new policy purchase.
How the discount works
The qualifying period for the usage-based discounts starts when you provide your Autoplan broker with the first vehicle odometer reading.
In a year’s time, at your annual renewal, the odometer reading will need to be provided again to determine if the vehicle was driven less than the distance travelled requirement. If eligible, the discount will then be applied at that time to your renewed policy.
Distance travelled requirement
Vehicles must have been driven less than the maximum allowable kilometres to be eligible for usage-based insurance discounts.
The distance travelled requirement varies by discount type.
Providing an odometer reading to your broker
To provide the odometer reading at renewal or when you take out a new policy, you will need to show your broker one of the following:
A photo of the vehicle odometer taken within the last seven days.
A receipt or work order with an odometer reading dated within the last seven days from either a garage, a mechanic, an auto shop or auto dealership.
A reading through a service or app which reports vehicle information and diagnostics, generated within the last seven days.
Providing an odometer reading after your policy is in effect
For policies effective February 1, 2021, or later, customers may provide proof of eligibility any time during their policy period. Proof must be dated no more than seven days prior to your renewal or new policy purchase date. Eligible customers will receive a prorated refund to reflect the discount, based on the date proof is submitted to ICBC. You can submit your reading and required proof online.
Usage-based discounts cannot be transferred to another vehicle mid-term.
Safety technology discount for autonomous emergency braking (AEB)
Autonomous emergency braking (AEB) is a safety feature that uses technology to anticipate when a vehicle is about to have a front-end collision and automatically engages the brakes without the driver’s action. Vehicles equipped with factory-installed autonomous emergency braking (AEB) are eligible for a 10% discount as AEB has been statistically shown to help prevent crashes.
If you’re not sure whether your vehicle has AEB, check with your dealership or look in your ownership manual.
The advanced safety technology discount applies to your Basic and some Optional coverages, as well as fleet and commercial non-fleet polices that meet the eligibility requirements.
Generally, drivers with more years of driving experience will see greater savings. You will be able to receive Basic insurance savings for up to 40 years of driving experience, up from the current nine years of crash-free driving. Basic insurance premiums are currently discounted for inexperienced drivers. ICBC continues to offer discounted premiums, however, these discounts will be reduced with one at-fault crash, and eliminated with a second crash in the same scan period.
Seniors continue to receive Basic insurance savings. More years of driving experience are now considered: up to 40 years from the current nine years.
Senior driver savings apply to policies where the vehicle is owned or leased by a senior (65+) and is used for pleasure use. Now, seniors may use their vehicle for up to six days in a calendar month for commuting, business or delivery – a change from the previous seniors’ discount, which had restrictions on vehicle use. However, if the senior has an at-fault crash, the savings will be reduced, and then eliminated if there’s a second at-fault crash in the same scan period.
Anti-theft device discount
Passive electronic immobilizers
Electronic immobilizers disable your car's engine when the ignition is turned off. An engine with an immobilizer won't start until it recognizes a special key (with computer chip) or electronic device (usually on key ring). Electronic immobilizers offer the highest level of protection.
The way an electronic engine immobilizer is activated determines whether or not the device is a passive electronic immobilizer.
A passive immobilizer: no interaction required except removing the key from the ignition
Manual immobilizer: requires the user to press a button to activate
Note: motorcycles and trailers aren't eligible for the anti-theft device discount.
Anti-theft deductible savings
Using an anti-theft device for your vehicle could also get you a $100 deductible rebate when:
Your properly installed and activated anti-theft device prevented your vehicle from being stolen and there's evidence of intent to steal the vehicle.
You may also get a $100 deductible rebate if your vehicle is stolen and recovered, with evidence your anti-theft device was compromised.
Unfortunately, motorcycles and trailers aren't eligible for the anti-theft device discount.
Insure five or more eligible vehicles for business or commercial uses and you could save up to 63% on your Autoplan premium.