Insurance Category Archives

How Insurers Deduct Thousands from Accident Victims’ Compensation

Insurers save thousands thanks to the threshold, deductible and damages limits

Imagine for a moment that you are suddenly injured in a car accident for which you are not at fault and are now stuck with its consequences, which most often include pain, suffering, loss of enjoyment of life, and impairments which impact your ability to earn a living. Out of a common sense of fairness, one would expect our legal system to adequately compensate accident …

Protect Your Family from Catastrophic Automobile Insurance Reform

Child faces camera while parent straps sibling into car

Anyone reading the tragic story of Adam Bari out of Hamilton, Ontario this past week will undoubtedly feel overwhelming sympathy for his now dire situation and will at the same time experience incredible apprehension and fear at the thought of such a tragedy ever happening to either themselves or to a loved one. Due to recent changes to the auto insurance regulations brought forth by …

5 Ways to Protect Your Belongings In Case of an Insurance Claim

How to Protect Your Belongings in Case of an Insurance Claim

The most valuable and important tangible asset for most people is their home. It provides protection, comfort, and equity. It can also be our largest investment and expense. It is therefore critically important to make sure it is properly protected in the rare case of a loss.

I was hit by a car on my bike: what happens next?

Broken Bicycle on the side of a road

Cyclists, like drivers, are expected to obey the rules of the road including signalling, obeying traffic lights, and not riding in pedestrian crosswalks. When sharing a road with cars, cyclists run a risk of being struck by a vehicle and injured even when wearing the appropriate safety gear. However, unlike drivers, cyclists are not required to have insurance. Despite this, you are not without legal …

From FSCO to the LAT: Procedural Changes to Accident Benefits Disputes

signpost reads LAT in front of FSCO offices in Toronto

  The 2015 Ontario budget announced on April 23, 2015 brings sweeping changes to the auto insurance accident benefits system. Catastrophic and non-Catastrophic funding limits were slashed, and drastic revisions to the definition of “catastrophic impairment” were proposed. There will be a huge procedural change as well; disputes under the Statutory Accident Benefits Schedule (“SABS”) will no longer be subject to the jurisdiction of the Financial Services …

Transition to the LAT

The LAT is set to begin receiving applications for SABS disputes on April 1. OTLA is addressing significant concerns about the transition, specifically an insured’s ability to access the new dispute resolution process.