“Money is money,” says a Burnaby driver who is shaking his head at receiving a rebate cheque from ICBC for just $1.
“No complaints, money is money,” said Marty, in a message to the NOW. “Just gotta laugh - stamp, paper, envelope must've costed.”
Other local drivers have received similar rebates from ICBC.
“Is this a sick joke?”
That’s what another Burnaby NOW reader wanted to know after they received an ICBC rebate cheque for a $2.
“It’s really insulting,” the reader wrote. “I mean why bother? I could have really used more.”
People have been waiting in eager anticipation for their juicy ICBC rebate cheques – especially after are "the largest single give-back to policy holders in Canada through COVID-19."
I wrote previously about a Burnaby driver named Christopher who tweeted out – with great sarcasm - that he got his ICBC rebate for just 26 bucks.
Then there was the Coquitlam woman who got an ICBC cheque for only $1 – I imagine all the people who got $2 will feel lucky at receiving “double” the amount.
“I was in disbelief and I thought: ‘this has got to be some kind of mistake or joke,’” said Shari O’Neill, whose post of a photo of the cheque went viral on social media.
The cheque was one of the first batches being mailed out by ICBC after a hit the third-party cheque vendor, stalling the initiative.
O’Neill had two cars insured during the qualifying period of April 1 to Sept. 30, a 1994 Toyota Tacoma and a 2017 GMC Yukon, and paid about $200 a month each for the two vehicles, with a 43% discount.
She expected to receive at least $200 back for the two cars after the B.C. government said cheques would range from $25 to $400 when the rebate plan was announced in February.
O’Neill said sending the cheque for $1 was a waste of time and money and it would have made more sense if the government just credited the amount on people’s insurance for the following year instead of mailing out cheques to people in amounts so small as to be useless.
Solicitor General Mike Farnworth, who is the minister responsible for ICBC and a Port Coquitlam MLA, said in February the rebates were the result of balancing lower claims costs during the pandemic with other considerations, such as lower premium revenues.
"The vast majority of people who insured their vehicles in the early months of the pandemic will see on average a rebate of $190," he said at the time.
ICBC estimates that 0.2% of cheques will have a value of $1.
- With files from Diane Strandberg, Tri-City News
