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Difference between revisions of "The Points System and ICBC"
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The Points System and ICBC (view source)
Revision as of 21:04, 5 December 2014
, 21:04, 5 December 2014→What is the driver penalty point (DPP) premium?
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==What is the driver penalty point (DPP) premium?== | ==What is the driver penalty point (DPP) premium?== | ||
Each year, ICBC looks at your record of driver penalty points and bills you a driver penalty point (or ''DPP'') premium. The bill is sent 4 weeks before your birthday. The DPP premium depends on the total number of points you get in a 12-month period, called the assessment period. ICBC reviews your driver’s record for this period, which starts about 17 months before your birthday and ends a year later, 5 months before your birthday. For example, if you have 4 points, the annual DPP premium is $175. It’s $230 for 5 points, $300 for 6 points, and so on. If you have 50 points or more, you get the maximum DPP premium of $24,000. | Each year, ICBC looks at your record of driver penalty points and bills you a driver penalty point (or '''DPP''') premium. The bill is sent 4 weeks before your birthday. The DPP premium depends on the total number of points you get in a 12-month period, called the assessment period. ICBC reviews your driver’s record for this period, which starts about 17 months before your birthday and ends a year later, 5 months before your birthday. For example, if you have 4 points, the annual DPP premium is $175. It’s $230 for 5 points, $300 for 6 points, and so on. If you have 50 points or more, you get the maximum DPP premium of $24,000. | ||
==How are you billed for DPP premiums?== | ==How are you billed for DPP premiums?== | ||
