Disputes with ICBC (12:VI): Difference between revisions
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{{REVIEWED LSLAP | date= | {{REVIEWED LSLAP | date= July 18, 2021}} | ||
{{LSLAP Manual TOC|expanded = ICBC}} | {{LSLAP Manual TOC|expanded = ICBC}} | ||
{{LSLAP 12 New System Notice}} | {{LSLAP 12 New System Notice}} | ||
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<blockquote>(a) the nature and extent of required repairs or replacement, | <blockquote>(a) the nature and extent of required repairs or replacement, | ||
(b) the value of the damage to or loss of the eligible vehicle, or | (b) the value of the damage to or loss of the eligible vehicle, or | ||
(c) the price received, or the estimated price that would have been received, from the sale of the damaged eligible vehicle. | (c) the price received, or the estimated price that would have been received, from the sale of the damaged eligible vehicle. | ||
(BVDCR, s 28) </blockquote> | (''BVDCR'', s 28) </blockquote> | ||
This arbitration process must follow the ''Arbitration Act'', as well as the rules laid out in ss 28-32 of the ''Basic Vehicle Damage Coverage Regulation''. ''There is a two-year limitation date from the date of the accident to submit for arbitration'' (''BVDCR'', s 29(2)). | This arbitration process must follow the ''Arbitration Act'', as well as the rules laid out in ss 28-32 of the ''Basic Vehicle Damage Coverage Regulation''. ''There is a two-year limitation date from the date of the accident to submit for arbitration'' (''BVDCR'', s 29(2)). | ||
