You Can Make Sure The Future Is Covered With Your ICBC Settlement.
You will want to be sure that a settlement you receive, if you were the injured party in a vehicle accident takes care of you and your family's future. After serious injury you know the effect is traumatic. You will still have family obligations on top of financial woes, physical damages and emotional upset. Do not let these issues cause you to take the first settlement offered by ICBC. Before you accept any offer be sure you have retained experienced counsel.
The Five Important Things You Need To Know For Your Future
Once you sign that you are accepting an ICBC settlement you cannot go back. There is no more money for you even if the settlement does not cover your future or the long-term effects the accident has caused you. It is recommended that you retain an Accident Lawyer in Port Coquitlam experienced in this type of law. They can help you better understand the settlement offer.
A lawsuit does not have to take place immediately. You are not required to settle with ICBC for two years. You will need to use this time wisely though. Gather all the information possible about your injuries from all healthcare providers and physicians you will have to see. Additionally, it helps to hire a lawyer that can look after all aspects of your case. They will make sure the witness accounts, evidence and proof of liability is collected to draft a strong claim.
Do not feel pressured to accept a quick payout but instead think toward the future. This is where your lawyer makes a huge difference by making sure you receive a fair settlement. ICBC must determine fault in accidents so for the entirety of the accident and claims process do not admit fault. Just give the facts about your involvement in the accident. An appropriate legal test is used to determine fault. This is when you should let your lawyer take over as they understand the provisions of the Motor Vehicle Act and the rules of the road.
Collect all the information you can from physician’s or health care providers that seen to your injuries. You need to know if you will continue to need their services for months or years. It is important to know if you are going to need your home modified for your condition.
Financial concerns are extremely important to understand and a settlement is for your future well-being. Take time to know what financial losses you will incur now that you are off work for the present or into the future. Working closely with your lawyer will help you establish what will be a suitable and fair settlement.