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Difference between revisions of "ICBC and Personal Injury Claims (12:XII)"

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== D. Private Settlements ==
== D. Private Settlements ==


'''Private settlements should be discouraged.''' Potential plaintiffs should always consult a lawyer prior to settling a claim, whether privately or with ICBC. Similarly, potential defendants in such matters should seek the advice of a lawyer and contact ICBC prior to paying out any sums, so as not to prejudice their rights and their plan of insurance with ICBC.
'''Private settlements should be discouraged.''' Potential plaintiffs should always consult a lawyer prior to settling a claim, whether privately or with ICBC. Similarly, potential defendants in such matters should seek the advice of a lawyer and contact ICBC prior to paying out any sums, so as not to prejudice their rights and their plan of insurance with ICBC. If you pursue a private settlement you may be in breach of your policy and may hurt or revoke your claim.


== E. Inequality of Bargaining Power ==
== E. Inequality of Bargaining Power ==
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