Diamond and Diamond BC
B.C. Offices

Surrey Consultation Office

1104 – 13737 96 Ave, Surrey, BC V3V 0C6

Kelowna Consultation Office

1631 Dickson Avenue Suite 1100

Vancouver Head Office

1727 West Broadway, Suite 400

ONTARIO OFFICES

Sudbury Consultation Office

31 Larch Street, Unit 300

Oshawa Consultation Office

50 Richmond Street E, Unit # 108 B

Brampton Consultation Office

341 Parkhurst Square, Suite 5

Toronto Head Office

255 Consumers Road, 5th Floor

Ottawa Main Office

955 Greenvalley Crescent, Unit 315

Oakville Office

2939 Portland Drive, Suite 200

London Main Office

256 Pall Mall St, Suite 102

Hamilton Consultation Office

105 Main Street East, Suite 1500

Barrie Main Office

17 Poyntz Street

Windsor Main Office

13158 Tecumseh Rd. E. Unit 3B

Thunder Bay Consultation Office

278 Algoma Street South

ALBERTA OFFICES

Calgary Main Office

1331 Macleod Trail SE, Suite 420

Edmonton Head Office

4246 97 Street NW, Unit 100

IMG

How Does ICBC Determine the Appropriate Amount of Funds to Award an Injured Individual?

newsite May 10, 2017

If you have recently been injured in a car accident, you probably have many questions. Any victim who is struggling with the physical, emotional and financial aftermath of being involved in an accident needs to consult with a personal injury attorney as soon as possible.

The right lawyer can help explain your rights to you and give an expectation of how your case is likely to proceed as it relates to ICBC. One of the most important steps you need to take immediately after being injured in a car crash, motorcycle crash, boating accident, or any other type of vehicle wreck is to file an ICBC claim.

The type of claim that you ultimately decide to file for benefits will have a major impact on how much you are awarded in benefits. Read on to learn more about the different types of ICBC claims and how these may change your settlement decision. It is also important to realize that as a victim you may be eligible to disagree with ICBC settlement offer.

Types of ICBC Claims

It is strongly recommended that you have a personal injury lawyer working with you in this situation, so that you understand what to expect. There are two primary types of claims that an individual may file with ICBC.

The first is known as a Tort Claim. This means that you are filing an insurance claim through the other driver’s policy and your ability to recover damages is associated with the other driver’s negligence. This is paid out only if the individual who is seeking compensation, which is you as the victim, is able to illustrate that the at-fault driver committed a negligent act and that the negligent act was the cause of your injuries.

The second type of claim is a no-fault claim, also referred to as a part 7 claim. These will be paid under the mandatory auto-insurance that everyone in British Columbia is required to have known as your basic auto-plan. Cyclists, pedestrians, and passengers are usually covered so long as the injuries from the accident associated with the operation and use of a British Columbia vehicle. Auto-plan accident benefits will pay for up to $150,000 in rehabilitation and medical costs, so long as your coverage conditions are met and the insurance was active at the time.

How Do Claims Adjustors Determine Pay Out Amounts?

In addition to your coverage limits outlined above, there are other elements that may impact your total benefits award. These include:

  • Your coverage: Although sometimes our insurance coverage is managed in British Columbia, others are not. If you purchase collision coverage, then this coverage will pay for damage to your vehicle, even in the instance that you are found at-fault.
  • Fault: If you are determined to be at-fault for the wreck, you may not receive as much compensation as you otherwise would have been, have you not been at-fault.
  • Actual damages: The damages suffered will have a major impact on the amount of compensation that your ICBC claim adjustor will award you. If your medical expenses are less than the total coverage limit, you may not receive the full-coverage limit. You may be eligible to recover a variety of damages in an ICBC claim, including:
  • Wage loss benefits
  • Rehabilitation and medical expenses
  • Home-maker benefits
  • Benefits and funeral expenses
  • Comprehensive and collision coverage
  • Underinsured coverage

If you file a Tort claim, you’ll be entitled to cover any losses that were not covered under your individual insurance policy, such as:

  • Compensation for future medical expenses
  • Past and future wage loss
  • Out of pocket expenses
  • Non-pecuniary damages like loss of enjoyment of life or pain and suffering

In the event that you receive an ICBC settlement offer that you do not agree with, you may be eligible to bring your claim to court or negotiate for a higher amount. Having a personal injury lawyer assist you with this is strongly recommended.

124 thoughts on “How Does ICBC Determine the Appropriate Amount of Funds to Award an Injured Individual?”

  4. I’m just commenting to let you be aware of of the fabulous discovery my cousin’s daughter experienced going through your web site. She mastered so many pieces, which included what it is like to possess an excellent helping nature to let other people with ease learn some problematic things. You truly surpassed people’s expected results. Thank you for producing these precious, trusted, informative and in addition fun tips about this topic to Lizeth.

  5. A lot of thanks for all your valuable hard work on this web page. Kate loves getting into investigation and it’s really easy to understand why. I know all of the dynamic medium you make insightful solutions on this web blog and as well as foster participation from people on that idea so our girl is certainly discovering a lot of things. Have fun with the remaining portion of the new year. You are conducting a powerful job.

  6. Thanks for the recommendations on credit repair on this amazing site. A few things i would tell people is always to give up the actual mentality they can buy today and pay out later. Like a society we all tend to do that for many issues. This includes getaways, furniture, and also items we would like. However, you should separate the wants out of the needs. While you’re working to raise your credit score make some sacrifices. For example it is possible to shop online to save cash or you can visit second hand retailers instead of pricey department stores regarding clothing.

  7. Thanks for your whole work on this website. My niece takes pleasure in working on research and it is simple to grasp why. We all notice all relating to the powerful ways you render very useful tips and tricks via your website and therefore welcome response from website visitors on this theme while our own simple princess is without question understanding so much. Take pleasure in the rest of the year. Your performing a very good job.

  9. Hi! I know this is kinda off topic nevertheless I’d figured I’d ask.
    Would you be interested in exchanging links or maybe
    guest writing a blog article or vice-versa? My site covers a lot of
    the same subjects as yours and I feel we could
    greatly benefit from each other. If you are interested feel free
    to shoot me an email. I look forward to hearing from
    you! Excellent blog by the way!

  12. Heya this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors
    or if you have to manually code with HTML. I’m starting a blog soon but have no coding
    expertise so I wanted to get guidance from someone with experience.
    Any help would be greatly appreciated!

  16. It is appropriate time to make some plans for the future and it’s time to
    be happy. I’ve read this post and if I could I desire
    to suggest you few interesting things or advice. Maybe you
    could write next articles referring to this article.
    I desire to read more things about it!

  27. That is a very good tip especially to those new to the blogosphere.
    Short but very accurate info… Thank you for sharing
    this one. A must read article!

  36. Right now it looks like Expression Engine is the top
    blogging platform available right now. (from what I’ve read) Is
    that what you are using on your blog?

  38. Excellent blog right here! Additionally your site so much up fast!
    What host are you the use of? Can I get your associate
    hyperlink in your host? I want my website loaded up as fast as yours lol

  39. You can definitely see your enthusiasm in the work you write.
    The sector hopes for even more passionate writers
    such as you who are not afraid to mention how they believe.
    Always go after your heart.

  42. This is a very good tip particularly to those fresh
    to the blogosphere. Short but very precise information… Thank you for sharing this one.
    A must read post!

  55. You are so awesome! I do not believe I’ve truly
    read through anything like this before. So great to find someone with a few original
    thoughts on this subject. Seriously.. thank you for starting this up.
    This site is something that’s needed on the web, someone with a little originality!

  72. I absolutely love your blog.. Excellent colors
    & theme. Did you develop this web site yourself? Please reply back as I’m trying
    to create my own personal website and would love to find out where you got this from or just what the theme
    is named. Kudos! asmr 0mniartist

  116. Hello to every , for the reason that I am actually eager of
    reading this weblog’s post to be updated regularly.
    It contains nice stuff.

  120. Pingback: how long does ivermectin last

Leave a Reply

Your email address will not be published.

FREE CASE EVALUATION

Filter by Category