Left Navigation British Columbia Auto Insurance 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. What Insurance CoversMandatory third-party liability coverage protects an insured British Columbia driver and/or car owner in the event that someone is killed, injured or suffers property damage as a result of the driver’s negligence. Medical benefits are limited to $150,000 per person in British Columbia.Drivers can buy more coverage to suit their needs including:Collision coverageFire insuranceTheft insuranceExcess third party liabilityExcess underinsured motorist protectionYou can purchase additional coverage from the private insurance companies that compete for business in BC. Looking to Insure Your Car?Insurance coverages are subject to change. A change in government legislation or regulations would apply to mandatory coverages. When you buy or renew auto insurance, it’s important to understand what’s currently mandatory within the province of British Columbia. The government requires all vehicle owners to purchase a mandatory third-party liability of $200,000. Mandatory underinsured auto insurance coverage provides insured drivers with up to $1 million in coverage for an injury or death caused by an underinsured driver. Auto Insurance Q & AQuestions to Ask Your Insurance Representative All About Auto InsuranceRegardless of where you live in Canada, auto insurance is required by law. You are not authorized to drive without it. Related ServicesMandatory Auto InsuranceTo drive in British Columbia, you must obtain coverage through the government insurer, Insurance Corporation of British Columbia (ICBC), that meets the mandatory provincial regulations. In the province, $200,000 in third-party liability coverage is mandatory. Useful LinksTypes of Automobile Insurance CoverageCollision, specified perils, comprehensive and all perils are among the additional coverages available for your vehicle. In general, these coverages are very similar across the country. Motorcycle InsuranceA standard motorcycle policy typically includes third-party liability, accident benefits and uninsured automobile coverage. Facility AssociationFacility Association’s mission is to administer the automobile insurance residual markets, enhance market stability, and guarantee the availability of automobile insurance to those eligible to obtain it.