Future I-C-B-C rate increases may have a lot to do with where you live and what you drive.
I-C-B-C spokesman Doug McClelland says the insurance corporation now has permission to set variable rates as much as six per cent above or below the provincial average.
McClelland says the variable rates would cover risks posed by certain types of vehicles, such as motorcycles, or certain regions of the province -- such as rapidly growing suburban areas where more cars translate to more crashes.
Starting May 1st, I-C-B-C will also charge 25 dollars to list additional drivers on a vehicle's insurance, but the fee only applies if the secondary driver does not own a vehicle and has less experience or a worse driving record than the main driver.
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