How Damages Get Compensated By ICBC?
If the Insurance Commission of British Columbia (ICBC) does settle with a claimant, then the no-fault benefits become the claimant’s compensation. How does ICBC determine the amount of money to which the claimant is entitled?
Factor’s determining a settlement’s value:
• The circumstances surrounding the accident, along with any situational factors.
• Neither of the above factors reflects the severity of the claimant’s injury.
If a claimant hires a Personal Injury Lawyer in Langley, then that lawyer studies all of the client’s existing damages and foreseeable damages.Varied losses can result in short- and long-term damages:
• losses caused by physical injuries,
• losses caused by emotional issues
• loss of employment or earnings potential.
The short-term damages that should be compensated by ICBC
Out-of-pocket expenses created by hospital stays, diagnostic tests, medications and prescribed treatments. Reimbursement for the money spent going to different appointments: Cost of gasoline; cost of parking; cost of special form of transportation, if transported patient relied on a wheelchair.
• Expenses created by the need to arrange for medical care at home.
• The cost of medical equipment
• Reimbursement for payment of housekeeping expenses.
• Lack of salary, or means to pay the mounting expenses
Long term damages that could be addressed by a lawyer, if the claimant hired one.
• Future costs of care.
• Rehabilitation services
Replacement of broken or out-of-date equipment: For instance, replacement of a traditional walker with an upright walker, or replacement of malfunctioning controls on an automated wheelchair.
Loss of enjoyment of life: This long-term damage could invite the development of emotional issues. The recovered victim must learn to adopt to a new lifestyle. Compensation for those friends or family members that have been burdened by a loved-one’s injury. Money to reimburse them for any economic losses.
Loss of future earning capacity: This could be caused by repeated surgeries, which resulted in the loss of a job, and the extended search for a new one. That process could lead to creation of “holes” in a resume. An applicant that has such “holes” in a resume could find it hard to find a paying job. The possible need to change a career path. That could involve taking a series of classes, in order to gain some added knowledge, in a new career field.
How loss of enjoyment of life can be linked to possible options, regarding a new career path?
Victims that become discouraged, due to the changes in their lifestyle, might resist a push to explore a new career. That can make it harder for them to deal with the challenges posed by a reduced earning capacity. Vocational training ought to focus on the skills that have not been lost, as well as any interest that was not lost.