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Difference between revisions of "ICBC and Basic Coverage (12:III)"
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ICBC and Basic Coverage (12:III) (view source)
Revision as of 21:07, 6 October 2022
, 21:07, 6 October 2022→3. Underinsured Motorists
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:(a) the hit and run accident occurs on a highway, and | :(a) the hit and run accident occurs on a highway, and | ||
:(b) where the hit and run accident occurs in the Yukon, Northwest Territories or United States of America, there is actual physical contact between the insured or the vehicle occupied by the insured and the unidentified vehicle. | :(b) where the hit and run accident occurs in the Yukon, Northwest Territories or United States of America, there is actual physical contact between the insured or the vehicle occupied by the insured and the unidentified vehicle. | ||
:(''IVR'', s 148.1(4)) | :(''IVR'', s 148.1(4)) | ||
It is important to note that, in relation to underinsured motorist protection, ''an insured is not permitted to settle an action without ICBC’s written consent'' (''IVR'', s 148.2(4)(b)). | It is important to note that, in relation to underinsured motorist protection, ''an insured is not permitted to settle an action without ICBC’s written consent'' (''IVR'', s 148.2(4)(b)). | ||
