The Insurance Corporation of British Columbia (ICBC), a government-owned monopoly insurer, provides mandatory auto insurance. Additional coverage can be purchased from private insurers or from ICBC. The province has a tort-based system with no-fault accident benefits.
A basic Auto plan which provides accident benefits and third party coverage must be bought from ICBC. ICBC’s Basic Autoplan also includes underinsured motorist, uninsured motorist and unidentified motorist protection as well as inverse liability for BC residents.
The British Columbia Ministry of Transportation and Infrastructure provides specific guidelines for drivers and vehicles.