Auto Insurance Renewal

If your ICBC auto insurance online lapses post the expiry date, you may face a gap in your comprehensive coverage, potentially exposing you to risks in British Columbia. You also will not be eligible for online renewal.

Yes, many insurance brokers, including Goldleaf Insurance, offer phone-based renewals for the convenience of British Columbia residents.

While the insurance corporation does not typically offer cost reductions for online renewals, it’s a convenient method that can save time.

You can initiate insurance renewals with ICBC up to 44 days before your policy expires, ensuring continuous coverage.

Upon successfully renewing your ICBC auto insurance online, the insurance corporation will email your documents, which you can then print and/or store digitally.

Yes, it’s essential to keep a copy of your renewal documents in your vehicle, ensuring you have proof of coverage should you need it.

ICBC made renewing easy with its online service! You can renew your policy using the ICBC auto insurance renewal service, which is available online through a computer or mobile device.

There are a few insurance policies that cannot be renewed online, including the following:

• Vehicles that are jointly owned have multiple owners, are leased, or are part of a commercial fleet.
• Policies for clients with unpaid balances.
• Policies related to Temporary Operation Permits.
• Policies that have lapsed, are newly issued, involve mid term changes, or have been canceled.

This is an online service for individuals looking to renew their ICBC policy. It's available to drivers who use their vehicles for pleasure, commuting, or business purposes. However, it is unavailable for vehicles used for deliveries or other commercial or work-related activities.
Online renewals are limited to vehicles owned by a single owner. If your vehicle is jointly owned, it cannot be renewed online through ICBC at this time. In such cases, you can renew in person, over the phone, or through our online renewal service with assistance from a Goldleaf Insurance broker.

You must verify your identity using the BC Services Card App to renew online. For instructions on how to install and use the app, please visit the BC Services Card App page on the Province of British Columbia's website.

Yes, you can! You can renew your ICBC insurance with us through our online platform, by phone, or in person. If you’re using the ICBC Online system, simply select Gold Leaf Insurance as your “Broker of Choice,” and one of our brokers will reach out to you to review your renewal.

The Low-Kilometer Discount is available to drivers who cover less mileage over the course of a year. This discount is calculated based on the distance you've driven in the past 12 months, using odometer readings from the previous policy term and the renewal. It applies only to annual policies, not short-term ones.
However, certain vehicle types, such as motorcycles and collector vehicles, do not qualify because they already fall under classifications that account for low mileage. This discount is intended for cars typically driven more frequently and over longer distances.

Yes, there is a senior discount!
Senior discounts are available for drivers aged 65 and older. This discount, also called the 'Senior Driver Factor,' helps reduce your Insurance Discount Factor (IDF).
However, it's important to note that the savings from the Senior Driver Factor can be impacted by chargeable claims. If you have one chargeable claim within a 10-year period, your potential discount is reduced by half. With two or more chargeable claims during that period, the Senior Driver Factor will be neutralized, and your IDF will no longer be reduced.

The Individual Driver Factor (IDF) considers your driving experience, crash history, and whether you are a senior or a new resident. The reference point for the driver factor is 1.000—anything below 1.000 indicates a lower driving risk, while a number above 1.000 signifies a higher risk.

Yes, there are! ICBC offers several other discounts besides the senior and low-kilometer discounts to British Columbia residents.

• Advanced Safety Technology Discount: If your vehicle has factory-installed autonomous emergency braking (AEB), you can receive a 10% discount. AEB has been proven to help reduce the risk of accidents.
• Experienced Driver Discount: The more driving experience you have, the more you can save. ICBC offers discounts based on up to 40 years of driving experience.
• Discounts for New Drivers: New drivers can benefit from reduced premiums. However, keep in mind that these discounts will decrease after one at-fault crash and may be eliminated entirely after a second crash within the same assessment period.

Disability Discount: As of March 17, 2022, the eligibility for the Disability Discount has been aligned with the Fuel Tax Refund Program for Persons with Disabilities (FTRPPD). If you're eligible for the FTRPPD, you also qualify for the Disability Discount on your auto insurance, provided your vehicle falls into an eligible rate class. This discount is available to those who meet the FTRPPD criteria.

You can pay using any major credit card or make monthly payments through your bank account on ICBC online. You can also choose the ICBC Autoplan payment plan, which allows you to spread the cost of your insurance with convenient monthly or quarterly payments. This plan offers low finance rates, and you have the flexibility to select the payment date that works best for you.

Call, email, or visit Gold Leaf Insurance, and we can provide you with an ICBC Autoplan quote!

Several factors can influence your ICBC insurance rate:

1. Your Driver Experience: Your driving history plays a significant role in determining your premium. The more years of safe driving you have, the better your discounts, with maximum benefits after 40 years of experience.
2. Crash History: The more crashes on your record, the higher your insurance costs. Maintaining a clean driving record helps keep your insurance rates low.
3. Drivers of Your Vehicle: The experience and crash history of anyone who drives your vehicle can impact your insurance rate. A more experienced driver with a clean record can help lower the overall risk and your premiums.
4. Location: Where you live in British Columbia can affect your insurance costs. Each region is rated based on its risk factors, such as the likelihood of vandalism or accidents. For example, urban areas with higher population density may have higher risks than remote regions.
5. Use of Your Vehicle:
   • Commuting: If you use your vehicle to commute to work or school, this will influence your rate.
   • Business: Vehicles used for business purposes are rated differently than personal-use vehicles.
   • Pleasure: If your vehicle is primarily used for personal errands, family outings, or vacations, it falls under the 'pleasure' category. Limited commuting (up to six times a month) is allowed under pleasure use, which is common for retirees or those using public transport frequently.
   • Delivery and Ride-Share Use: If you use your vehicle to make deliveries or if you work in ride-share, whether for food, parcels, or services like Uber or DoorDash, this will also affect your premium.

ICBC needs to know the driver history of everyone who drives your car. It's crucial to list anyone who drives your car, as an unlisted driver involved in a crash could result in an Unlisted Driver Accident Premium (UDAP), a one-time financial penalty per claim.

As of May 1, 2022, you will no longer need to display a decal on your BC License plate once you renew your policy.

New residents are subject to higher insurance costs for their first three years with ICBC. There is a 15% surcharge in the first year, followed by a 10% surcharge in the second year and a 5% surcharge in the third year. This surcharge does not apply to residents returning to BC.

Yes, you can. If the claim is $2000 or less, including your deductible, you can repay the small claim in full to ensure the premium does not change.

Distracted Driving Tickets: Can increase the cost of your car insurance. Receiving a distracted driving ticket within a three-year period can lead to an increase in your car insurance premiums.
Speeding Tickets: If you receive two or more minor convictions within a three-year period, your car insurance costs may rise.