Quote:
Originally Posted by Hehe
The idea is to make everyone involved whole. If a car was wrecked, they repair or replace the car to the extent that the part is the same.
Of course that’s the idea. Because they do not pay for things like lost value from a car that has been in major accidents. But the idea is that you come out more or less the same after the accident.
And it all comes down to proof. If your profession requires you to perform certain tasks that you are no longer able to perform or at least not at the same level, they would compensate for such. That’s why it’s usually a good idea to involve a legal counsel as they would be able to find you the proof needed (professional assessment, opinions… etc)
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That worked under the old system. Under no fault, there is no right to sue, effectively removing lawyers and courts from the equation.
Wage loss from ICBC is even worse if you own a business. Adjusters only look at T4 income and don't know how to deal with someone that works through a corporation and only pays themselves what they need for tax purposes and leave the remainder in the corp for investment purposes.
My physio said he has less work now because ppl don't want to fight adjusters to get approvals since lawyers are out of the picture.