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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Oct 28, 1997
Page
4
The basic method to set BC auto rates estimates claims and ICBC expenses for the coming year. Across the system, discount steps reduce costs by targeting front end factors and reward safe driving, with penalties and offloading of write-offs offsetting claims. Investment income and crime prevention programs further lower overall costs for motorists.
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