Auto insurance is essential for protecting yourself and others on the road—but that doesn’t mean you have to pay more than necessary. With a few smart strategies, you can keep your coverage strong while lowering your costs. Here’s what BC drivers should know in 2026:
1. Bundle Your Coverage
Get savings with multiple policies through Family Insurance, our private insurance option. Bundle your auto and home insurance or insure multiple vehicles under Family Autocover for additional discounts.
2. Drive Less, Pay Less
ICBC’s low-kilometre discount now applies if you drive 15,000 km or less per year. Submit a photo of your odometer annually to your broker and enjoy savings on optional coverage——and receive a second discount on your basic coverage if you drive under 5,000 km for your policy term.
Learn more about ICBC’s Distance-Based Discounts.
3. Leverage Vehicle Safety Features
If your car is 2017 or newer and equipped with Autonomous Emergency Braking (AEB), you could qualify for extra savings. Check your owner’s manual or ask your broker to confirm.
See ICBC’s Vehicle Safety Discounts.
4. Adjust Your Deductibles
Increasing your collision and comprehensive deductibles can lower your premium. Just make sure you’re comfortable covering that amount in case of an accident—setting aside an emergency fund is a smart move.
5. Check Your Liability Limits
Your liability coverage is one of the most important coverages. While lowering limits can reduce your cost, cutting too much could leave you financially exposed in the event of a serious accident.
We recommend reviewing what factors affect your insurance costs the most
Want to explore your options?
Contact Reliance Insurance or visit us in Burnaby to learn more about how to save on your auto coverages.
6. Review and Refresh Your Coverage
Let your broker know if you’ve started working from home or moved outside the Lower Mainland—these changes often reduce your rates.
7. Think Twice Before Filing Small Claims
If you’ve had a claim under $2,000, it may be worth paying out of pocket to maintain your discount. For businesses with fleets, we can review every claim to determine whether paying out is more beneficial for your long-term savings.
8. Fleet Discounts for Businesses
Managing five or more vehicles? Fleet insurance can save businesses up to 63% on premiums. If you run a commercial operation, this is worth exploring. Reach out to Reliance for a better discount.
9. Support for Drivers with Disabilities
Drivers with disabilities may qualify for the Fuel Tax Refund Program, which offers a 25% discount on Basic ICBC insurance. Apply for a Fuel Tax Refund number, then contact your broker to apply the discount. Learn more about BC’s Fuel Tax Refund Program & possible discounts from ICBC.
Reliance Insurance supports clients across Canada through a national network of offices and globally through our broker network partners.