I think ICBC offers a similar gap insurance for nee cars, so maybe your friend decided against it?
But I don’t know whether a payout would be that much less in BC than anywhere else. I assume the go by comparables within the vicinity of the insured person.
It wasn't a new vehicle. I think it was a 7-8 year old vehicle, low mileage/original owner. Worth maybe $15-17K but hard to replace same condition. Friends vehicle worth closer to the $17K versions on market. Friend said she got around a $10K payout after deductible so they think ICBC valued payout at around $12K.
Getting multiple bouts of hiccups daily is grinding my gears. Hoping its a by-product of surgery recovery and my body being gassy & on pain meds, but holy cripes is it annoying.
Getting multiple bouts of hiccups daily is grinding my gears. Hoping its a by-product of surgery recovery and my body being gassy & on pain meds, but holy cripes is it annoying.
Tried and true cure...or so RFK said...
__________________ The Beatings Shall Continue Until Morale Improves!
This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.
The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans
If you thought this season would have a happy ending, you haven't been paying attention.
Is that so?? I may need to have Locke bequeath his Life Insurance beneficiary to 'Guy Incognito.'
He's a trustworthy old chap...
Yes, if you’ve had a life insurance policy for two years, they’ll cover suicide. I’ve stayed out of this, but once you’ve processed a life claim for a grieving widow or widower, you see the value of insurance.
I understand the cynicism, but insurance is enormously positive.
It wasn't a new vehicle. I think it was a 7-8 year old vehicle, low mileage/original owner. Worth maybe $15-17K but hard to replace same condition. Friends vehicle worth closer to the $17K versions on market. Friend said she got around a $10K payout after deductible so they think ICBC valued payout at around $12K.
I have never dealt with ICBC, but was your friend forced to take the offer?
Isn't there a dispute resolution process?
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993
This morning I was crossing Bow Trail in the crosswalk, half was across a car turning left towards me sped into their turn to beat oncoming traffic, then they noticed me. They had to veer and come to a full stop in the middle of the intersection in order to not hit me.
Me obviously irked by their move gave them a piece of my mind.
(I’ve had numerous close calls at this intersection while crossing to get my kids to school)
The driver then had the audacity to roll down the window and give a small waive and tell me to have a good day.
#### that woman for not even being able to say sorry I almost hit you. The entire intersection (backed up in both directions) ground to halt because of her actions and she waives it off like it’s no big deal. Zero responsibility taken. Perhaps her tune would change if I ended up as a meat smear this morning.
Yes, if you’ve had a life insurance policy for two years, they’ll cover suicide. I’ve stayed out of this, but once you’ve processed a life claim for a grieving widow or widower, you see the value of insurance.
I understand the cynicism, but insurance is enormously positive.
There's no doubt it's a good thing, but there are legitimate questions about how it's administrated.
Those life insurance plans you get with your mortgage? They do post-claim underwriting, so they evaluate your health after you die. You're more likely to be denied that way.
Talk to the woman who doesn’t have a paying job but is raising three children after losing her husband. Or the family who lost their dad/husband was injured and unable to work for three years.
I tried but they were still on the phone with their insurance companies.
__________________ "It's a great day for hockey."
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"I see as much misery out of them moving to justify theirselves as them that set out to do harm." -Dr. Amos "Doc" Cochran
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There's no doubt it's a good thing, but there are legitimate questions about how it's administrated.
Those life insurance plans you get with your mortgage? They do post-claim underwriting, so they evaluate your health after you die. You're more likely to be denied that way.
I could go on but I gotta get back to work.
Mortgage life insurance is useless and should never be purchased.
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This morning I was crossing Bow Trail in the crosswalk, half was across a car turning left towards me sped into their turn to beat oncoming traffic, then they noticed me. They had to veer and come to a full stop in the middle of the intersection in order to not hit me.
Me obviously irked by their move gave them a piece of my mind.
(I’ve had numerous close calls at this intersection while crossing to get my kids to school)
The driver then had the audacity to roll down the window and give a small waive and tell me to have a good day.
#### that woman for not even being able to say sorry I almost hit you. The entire intersection (backed up in both directions) ground to halt because of her actions and she waives it off like it’s no big deal. Zero responsibility taken. Perhaps her tune would change if I ended up as a meat smear this morning.
This morning I was crossing Bow Trail in the crosswalk, half was across a car turning left towards me sped into their turn to beat oncoming traffic, then they noticed me. They had to veer and come to a full stop in the middle of the intersection in order to not hit me.
Me obviously irked by their move gave them a piece of my mind.
(I’ve had numerous close calls at this intersection while crossing to get my kids to school)
The driver then had the audacity to roll down the window and give a small waive and tell me to have a good day.
#### that woman for not even being able to say sorry I almost hit you. The entire intersection (backed up in both directions) ground to halt because of her actions and she waives it off like it’s no big deal. Zero responsibility taken. Perhaps her tune would change if I ended up as a meat smear this morning.
Sounds like you better check the fine print on your life insurance.
I have never dealt with ICBC, but was your friend forced to take the offer?
Isn't there a dispute resolution process?
Yes. Basically forced to take offer.
She said they got the proposed payout number quickly and spent 2-3 months with someone close to them who is a lawyer by trade, to negotiate/dispute the number with different supporting documentation/reasoning etc. They said they made more than half a dozen attempts at "negotiations". ICBC would say a ton of meaningless stuff to pretend they weren't stonewalling, but didn't budge once from that number.
I believe she said their last attempts were to simply ask ICBC if they'd bump up the payout by $1,000 and then $500. ICBC still said no and stuck with the original number.
EDIT: I think she said that because we had AB plates/insurance, if I got into a collision there, they'd probably pay us full value without much argument. But because she's a BC resident, she believed that ICBC was more likely to roll over on them if any claims were made. We were ranting about our insurance woes and in the end, I basically ceded that she won (lost?) by a significant margin.
I mean it makes a bit of sense. ICBC basically represents both sides in BC in almost all cases for vehicle insurance claims there. It's kind of a conflict of interest. By just declaring no fault and doing partial payouts, they save money administratively and lower payouts. This protects them from overly massive payouts which some private insurance companies complain about at times.
She said they got the proposed payout number quickly and spent 2-3 months with someone close to them who is a lawyer by trade, to negotiate/dispute the number with different supporting documentation/reasoning etc. They said they made more than half a dozen attempts at "negotiations". ICBC would say a ton of meaningless stuff to pretend they weren't stonewalling, but didn't budge once from that number.
I believe she said their last attempts were to simply ask ICBC if they'd bump up the payout by $1,000 and then $500. ICBC still said no and stuck with the original number.
EDIT: I think she said that because we had AB plates/insurance, if I got into a collision there, they'd probably pay us full value without much argument. But because she's a BC resident, she believed that ICBC was more likely to roll over on them if any claims were made. We were ranting about our insurance woes and in the end, I basically ceded that she won (lost?) by a significant margin.
I mean it makes a bit of sense. ICBC basically represents both sides in BC in almost all cases for vehicle insurance claims there. It's kind of a conflict of interest. By just declaring no fault and doing partial payouts, they save money administratively and lower payouts. This protects them from overly massive payouts which some private insurance companies complain about at times.
Vehicle valuation disputes
If your vehicle was determined as not repairable (also known as a total loss or write-off), you'll be offered a payment based on its determined value. If you don't agree, you have options.
Talk to your ICBC claims representative
Please contact your claims representative if you have questions about the valuation or dispute process. If you're unsatisfied with with your vehicle valuation, start by discussing it with your claims representative.
Supervisor and manager review
If you're still not satisfied, you can request a review by an ICBC supervisor and then finally a manager.
Apply for a vehicle damage arbitration
If this doesn't resolve the matter, if must be resolved by arbitration. Arbitration is a form of dispute resolution by a specially appointed third-party arbitrator. The application is submitted jointly to the ADR Institute of BC and there is a cost for both parties. Arbitration applications are initiated by the ICBC manager. Learn more about vehicle damage arbitrations pdf.
I don't blame your friend, maybe her lawyer friend, but there are dispute processes, do they work fcuk knows.
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993
Corporal Jean-Marc H. BECHARD, 6 Aug 1993
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She said they got the proposed payout number quickly and spent 2-3 months with someone close to them who is a lawyer by trade, to negotiate/dispute the number with different supporting documentation/reasoning etc. They said they made more than half a dozen attempts at "negotiations". ICBC would say a ton of meaningless stuff to pretend they weren't stonewalling, but didn't budge once from that number.
I believe she said their last attempts were to simply ask ICBC if they'd bump up the payout by $1,000 and then $500. ICBC still said no and stuck with the original number.
EDIT: I think she said that because we had AB plates/insurance, if I got into a collision there, they'd probably pay us full value without much argument. But because she's a BC resident, she believed that ICBC was more likely to roll over on them if any claims were made. We were ranting about our insurance woes and in the end, I basically ceded that she won (lost?) by a significant margin.
I mean it makes a bit of sense. ICBC basically represents both sides in BC in almost all cases for vehicle insurance claims there. It's kind of a conflict of interest. By just declaring no fault and doing partial payouts, they save money administratively and lower payouts. This protects them from overly massive payouts which some private insurance companies complain about at times.
This is true. We got into an accident in BC and insurance covered all the damages for the car. It was written off.
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I mean it makes a bit of sense. ICBC basically represents both sides in BC in almost all cases for vehicle insurance claims there. It's kind of a conflict of interest. By just declaring no fault and doing partial payouts, they save money administratively and lower payouts. This protects them from overly massive payouts which some private insurance companies complain about at times.
That's not really how it works. There's nothing inherent about no-fault insurance that leads to lower vehicle valuations. And in fact, in my one experience with ICBC writing off a car, they actually paid higher than what I thought the market value was.
Injury payouts are much lower than before, and in extreme cases with life-altering injuries, that can be a pretty terrible situation. But the system before was kind of ridiculous. My wife and I got rear ended years ago; it was a pretty low speed collision without a ton of damage, but we did have minor neck/back injuries that needed physio to resolve. But because ICBC was paranoid about us dragging it out and getting a lawyer, they just started throwing offers at us and we eventually settled for about $40K combined for what were ultimately relatively minor injuries. I wasn't about to turn down the money, but that's a pretty ridiculous system.
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Well that raises tons of questions. How do you qualify as a punk? Is there a form I have to fill out? Do you offer payment terms? Klarna or something similar? Is there a left-hand discount? In the good old days, you could get a handy on any street corner and haggle on the price. Since Big Jerk consolidated the industry and relocated it to the Jerking District, past the Hobo district and adjacent to the Hand Cream area, it seems ... I dunno... somewhat impersonal. Ah, well, the price for progress, and it is great to hear you are doing well.
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