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If you have full coverage with ICBC (Basic + Optional), you should see savings of about 20%. If you just have Basic coverage with ICBC, you should see savings of about 10-15%. Refunds will be issued through payment plan reduction, credit card refund, direct deposit, or cheque depending on payment method and eligibility.

Cancelling your policy is not recommended, as there are several fees associated with the process and you will have to turn in your current licence plates. If you are NOT at fault for the crash - Instead of being covered by the other person's third-party liability, you will be covered by your own coverage.
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Adams Insurance is a family-owned ICBC Autoplan insurance office located in South Vancouver. It was founded in 1964 by Frank Adams, and is now owned by his four sons: John, Robert, Stuart, and Stephen. John Adams is still actively involved at the Champlain office, along with a team of friendly, knowledgeable staff.
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