ICBC to issue second COVID-19 rebate SHARE ON: Fewer claims and crashes mean drivers will see rebates from ICBC in the near future. B.C. Government officials said the insurance company will start distributing rebates averaging $120 per policy in mid-July. “We’ve been clear that any pandemic-related savings against ICBC’s bottom line will benefit customers,” said Mike Farnworth, Minister of Public Safety and Solicitor General. “The good news is that ICBC is in a strong financial position to issue a second COVID-19 rebate to customers, putting more money back in the pockets of B.C. drivers.” The rebates will see a total of $350-million distributed amongst nearly 3-million customers.