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When Should I Settle My ICBC or Other British Columbia Personal Injury Claim?
Other than “how much is my case worth?” the question probably most asked of personal injury lawyers is “when should I settle my claim?“.
The short answer is when your claim can be fairly valued and an acceptable settlement offer is made.  So when can a claim be valued?  Here is a brief video I uploaded to YouTube discussing this topic  (complete with an unexpected phone call in the middle of the video!)  I hope this information is of some assistance.
Tags: BC Pesonal Injury Claims Settlement, ICBC Injury Claims Settlement, settling a personal injury claim, Valuing a personal injury claim
This site is created by MacIsaac & Company, a British Columbia Personal Injury Lawfirm. This website is not affiliated in any way with the Insurance Corporation of British Columbia (ICBC).This web site is made possible through funding provided by the British Columbia law firm MacIsaac and Company. bc-injury-law.com is designed to empower individuals to better understand their ICBC Claim and the process involved in dealing with ICBC. This web site is offered for information only and is not claim-specific legal advice. Use of the site and sending or receiving information through it does not establish a solicitor / client relationship. Links to and from this website do not state or imply a relationship between MacIsaac and Company and the linked entity.
July 30th, 2010 at 3:48 pm
[…] involving serious injuries where the long term prognosis remains unknown for  a number of years.  As I explained in this video, it is difficult to value a claim until the prognosis is known and it could be risky to settle a […]
February 1st, 2011 at 8:08 am
[…] As previously discussed, it is risky to settle an ICBC claim prior to knowing the long-term prognosis of your injuries. Â Without a prognosis it is difficult to value a case and therfore difficult to gauge a fair settlement amount. […]