British Columbia Mandatory Coverage

To 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. 

The chart below provides a summary of mandatory coverage required by the British Columbia government. Please refer to the list of sources for more details.

This information is for educational purposes only. We suggest you consult a qualified insurance professional for further assistance. 


As of May 1, 2021

Mandatory minimum third-party liability:In situations where lawsuits are permitted, $200,000 is available for any one accident; however, if a claim involving both bodily injury and property damage reaches this figure, payment for property damage will be capped at $20,000.
Direct Compensation Property Damage required?British Columbia uses a similar system, which it refers to as Basic Vehicle Damage Coverage.
Medical payments:No time or amount limit.
Funeral expense benefits: Up to $9,310.
Disability income benefits:90% of net wages based on actual gross annual income that is less than $100,000.
Death benefits:Up to $66,987 to spouse, benefits for dependants are age-defined and range from $31,187 to $60,000, but; if no spouse or dependant, each non-dependent parent or child receives up to $14,918.
Impairment benefits:Up to $167,465/ person for non-catastrophic injury, up to $264,430 for catastrophic injury.
Right to sue for pain and suffering?No. However, claims can be made for pain and suffering with a maximum settlement amount of $5,627 for accidents on or after April 1, 2021.
Right to sue for economic loss in excess of no-fault benefits?No.
Administration:Government (government and private insurers compete for optional and additional coverage)

 

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