Injury Caps at ICBC - What's the deal?
In late 2017, Minister David Eby announced that major changes would be coming to ICBC and the way claims are paid out. Since then, the proposed changes have been slowly revealed and this week we received the clearest idea of what the proposed legislative changes will look like.
Over the past few months we have been receiving many phone calls from clients and prospective clients wondering what the deal is with these changes and how it will affect their open claim with ICBC.
While the proposed changes to ICBC are terrible news for all British Columbians (we will cover this in another post), one silver lining is that the proposed changes will only affect claims for motor vehicle accidents that occur on or after April 1, 2019.
If you have been in a motor vehicle accident are are wondering how the proposed changes to ICBC may affect you, please give us a call at 604-330-1777 for a free consultation.