Find out if you are affected by the Driver Risk Premium and how much you may have to pay.
You’ll pay a Driver Risk Premium if you have at least one of the following:
- one or more driving-related Criminal Code convictions
- one or more 10-point Motor Vehicle Act convictions
- one or more excessive speeding convictions
- two or more roadside suspensions/prohibitions
- two or more convictions over a three-year period for using an electronic device while driving
Changes to how we set insurance premiums
We’ve changed the way we set insurance premiums to hold drivers more accountable for their driving decisions and to more accurately reflect drivers’ risk. As of November 1, 2019, the driver risk premium has increased.
If you have frequent or serious driving convictions resulting from violations that occurred on or after June 10, 2019, your premium costs for Collision and Extended Third Party Liability coverages may be impacted. For more information, read the news release.
Find out more about how we’re making car insurance better for B.C.
How the Driver Risk Premium is calculated
Each year just prior to your assessment date (which is usually your date of birth) we review your driving record for offences in the previous three years.
You receive only one DRP invoice per year, but each driving offence may impact DRP billings for more than one year, depending on the rest of your driving record in a three-year period.
The Driver Risk Premium (DRP), like Driver Penalty Points (DPP), is separate from Autoplan insurance premiums. They are billed even if you don’t own or insure a vehicle.
Premium amounts
This table shows the DRP amounts you may have to pay for different types of driving offences as of November 1, 2019:
| Conviction count | Criminal Code of Canada convictions | Roadside suspensions /prohibitions | Use of an electronic device while driving | Excess Speed |
|---|---|---|---|---|
| 1 | $1,303 | $461 | ||
| 2 | $5,414 | $533 | $533 | $533 |
| 3 | $11,750 | $619 | $619 | $619 |
| 4 | $20,966 | $706 | $706 | $706 |
| 5 | $34,560 | $806 | $806 | $806 |
| 6 | $34,560 | $922 | $922 | $922 |
| 7 | $34,560 | $1,066 | $1,066 | $1,066 |
| 8 | $34,560 | $1,224 | $1,224 | $1,224 |
| 9 | $34,560 | $1,411 | $1,411 | $1,411 |
| 10 | $34,560 | $1,627 | $1,627 | $1,627 |
Amounts continue to increase for more than 10 convictions.
This table shows the DRP amounts you may have to pay for different types of driving offences prior to November 1, 2019:
| Conviction count | Criminal Code of Canada convictions | Roadside suspensions /prohibitions | Use of an electronic device while driving | Excess Speed |
|---|---|---|---|---|
| 1 | $1,086 | $384 | ||
| 2 | $4,512 | $444 | $444 | $444 |
| 3 | $9,792 | $516 | $516 | $516 |
| 4 | $17,472 | $588 | $588 | $588 |
| 5 | $28,800 | $672 | $642 | $672 |
| 6 | $28,800 | $768 | $768 | $768 |
| 7 | $28,800 | $888 | $888 | $888 |
| 8 | $28,800 | $1,020 | $1,020 | $1,020 |
| 9 | $28,800 | $1,176 | $1,176 | $1,176 |
| 10 | $28,800 | $1,356 | $1,356 | $1,356 |
Amounts continue to increase for more than 10 convictions.
Ways you can save money
There are two ways you can reduce the cost of your Driver Risk Premium (DRP). Give up your driver’s licence for:
- your entire billing period and your DRP premium could be eliminated. Contact us to discuss further.
- at least 30 days during your billing period and your Driver Risk Premium can be reduced.
Steps to get your reduction
- Go to a driver licensing office and let them know you’d like to give up your licence to reduce your premium.
- When your chosen length of time has passed, call us to confirm the amount owing.
- Return to a driver licensing office to reapply for your licence.
- Pay what is owed on your Driver Risk Premium as well as the fee to have your licence re-issued.
More information
If you have questions about the Driver Risk Premium, your driving record or your amount owing, please contact us.