By: Luke Jones, Published on August 2, 2017 07:44 AM, Last Update on August 2, 2017 04:46 AM
The Insurance Corporation of British Columbia (ICBC) has released a notice for drivers this long weekend. The Crown corporation insurance provider says it expects roads to get busy through the long weekend at the height of summer. Therefore, motorists must remain vigilant on the road.
ICBC says it predicts more than 2,400 collisions will occur over the weekend. The company also points out that an average of five people dies each summer holiday weekend and 600 are injured in crashes.
In its release, the company also discussed other data:
The auto insurance provider has been through turbulent times in recent weeks. A leaked report showed that the ICBC is in financial peril and as a result, auto premiums could rise by more than 30%.
Some authorities have said that sort of increase will not happen, the consensus is something must be done. Rising numbers of claims and the cost of repairs have put ICBC on a financial knife edge.