Opposition is growing against proposed ICBC rate hikes expected this November.
Rates are expected to rise by 6.4 percent on average this year due in large part to legal costs.
Legal fights cost ICBC a quarter of every dollar the public auto insurer spends and drivers are being asked to dig deeper while injury claims continue to rise and ICBC falls 1.1 Billion into Debt by 2019.
Greens leader, Andrew Weaver believes public Insurance and limiting soft tissue claims is one way to keep premiums down. "If we follow the lead of other jurisdictions that have public insurance and limit the soft tissue pain and suffering damages that have gone up over three hundred percent in recent years."
ICBC says distracted driving is one reason ICBC claims are up.
But settlements are also up for other reasons, according to an Ernest and Young report released by the NDP.
Of all of ICBC’s costs for its basic insurance product, 24 per cent are spent on legal costs, the report says.