Insurance Category Archives

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.

False Fraud Allegations Spur Punitive Damages in BC

crosswalk photo with ICBC logo and insurance document overlaid

The National Post reported recently on a judicial decision from British Columbia ordering the Insurance Corporation of British Columbia, ICBC, to pay an immigrant couple more than $350,000 in punitive damages after the corporation falsely accused them of insurance fraud. In the judgment, the prosecution brought against Danica Arsenovski was described by Justice Susan Griffith as “malicious,” and the actions of the ICBC “brought fear and …

Why you need optional car insurance benefits

a hand signs a form with a car in the background

Posted with permission from gironeslawyers.com Several changes to the Ontario Accident Benefits regime in recent years have meant that you do need many of the optional benefits offered by your car insurance company. Because these optional increases cost more money, many people opt not to purchase them. Unfortunately, it is only after they are injured in a car accident that people realize why the optional benefits are …