Insurance Corporation of British Columbia

The Insurance Corporation of British Columbia (ICBC) is a government-owned company that provides vehicle insurance services in British Columbia. It manages mandatory basic auto insurance coverage, which protects drivers in case of accidents, injuries, or damages. ICBC also offers optional insurance products and handles claims, licensing, and road safety initiatives. Its goal is to ensure all drivers have access to reliable, affordable insurance while promoting safe driving practices. As a Crown corporation, it operates to serve the public interest rather than to maximize profit.