In 2025, ICBC is offering a $110 rebate to eligible insurance customers. This rebate is a result of ICBC’s strong financial position, thanks to better-than-expected investment income and efforts to build back capital reserves 1. If you had an active Basic insurance policy in January 2025, you might be eligible for this rebate. Who is Eligible for the 2025 Rebate? Most … Read More
Save More When You Drive Less: ICBC’s New Distance-Based Discount
If you’re one of many drivers in British Columbia who uses their vehicle less often, ICBC has some good news for you. Starting June 1, 2025, ICBC is rolling out an expanded Distance-Based Discount that rewards low-mileage drivers with real savings on their auto insurance. Whether you mainly drive around your neighborhood or only use your car for occasional trips, you could … Read More
How To Get Cheap Car Insurance In BC
Navigating the path to affordable car insurance in BC doesn’t have to be overly complex. With insurance rates climbing, it’s essential for drivers to explore avenues to ensure they are not overpaying. At Goldleaf Insurance, our goal is to be your guide to securing low-cost auto insurance. This blog will focus on the steps British Columbians can take to minimize … Read More
Top 10 Factors That Affect Car Insurance Rates in BC
As British Columbia residents navigate the vast sea of car insurance companies, understanding what affects your car insurance rate can be a real money-saver. Here are the top ten factors influencing car insurance premiums, tailored specifically for our B.C. audience. Age Age plays a significant role in car insurance pricing. Young drivers, particularly teen drivers, often face higher insurance costs … Read More
How Much Does Commercial Vehicle Insurance Cost in BC
At Goldleaf Insurance, we understand the importance of having reliable business auto insurance to cover your commercial vehicles. As such, we offer comprehensive commercial car insurance coverage to protect your business assets. On average, commercial auto insurance costs between $1,000 to $5,000 per year in B.C.; however, our policies can be tailored to meet your specific needs and budget. Trust … Read More
