Some important statistics from the Insurance Corporation of British Columbia (ICBC), the provincial Crown Corporation responsible for driver licensing, registration and primary insurance coverage, came out yesterday.
If you’ve felt that driving in BC was getting a bit more dangerous, you’re right. ICBC has confirmed that, in 2017, there were 350,000 crashes province-wide. Think of that number — that means there were almost 1,000 crashes every day last year. Statistically, this also suggests (conservatively, assuming single-car crashes) that about one in every ten drivers will be involved in a crash this year.
That figure of 350,000 crashes also works out to 40 crashes every hour in the province; overall, this costs ICBC $4.8 billion, or roughly $13 million per day.
This is also $1 billion more than the cost of the proposed 10-lane Massey Bridge (last estimated in the $3.7 billion range). Read more »