Here’s How to Get a 10% ICBC Discount on Your Car

Insurance premiums are one of the many factors we consider when purchasing a new vehicle. Here in British Columbia, we are all too familiar with paying hundreds of dollars monthly just to insure our vehicles, and all that can add up to thousands a year!

Luckily, the Insurance Corporation of British Columbia (ICBC) has introduced some ways where you are able to qualify for discounts and savings. One of which is that vehicles equipped with factory-installed autonomous emergency braking (AEB) are eligible for a 10% insurance discount in BC.*

What exactly is AEB? It is through this built-in feature that your vehicle can anticipate collisions and reduce the severity of the damage. How this works in the case of an incoming front-end collision is that your vehicle’s breaks will automatically engage without any need for action on the driver’s side.

Different models may each have their own names for this such as the Collision Mitigation Braking System (CMBS) for Honda vehicles^[1] and the Pre-Collision System (PCS) for Toyota vehicles^[2].

Here is a list of 2021 models^[3] where AEB comes standard or comes as an optional add-on for certain trims.**

To learn more about AEB or to find out if your older year models come equipped, please contact your local OpenRoad dealership for more information.

[1] https://automobiles.honda.com/sensing

[2] https://www.toyota.ca/toyota/en/connect/417/pre-collision-system-what-it-is-and-how-it-helps-your-drive

[3] https://www.consumerreports.org/car-safety/cars-with-advanced-safety-systems/