8 Things You Should Know About ICBC Injury Lawsuits
1) A person who starts an ICBC injury lawsuit has the right to seek fair compensation for their injuries and losses - nothing more/nothing less;
2) ICBC injury lawsuits aren't intended to be used as a weapon to harm another person's reputation - they're not a means of "evening the score" with the person who injured you;
3) Punishment is not the objective - usually the worst case scenario for the person who caused your accident is that their insurance premiums will increase;
4) The Defendant ( the person being sued) usually doesn't suffer a significant financial penalty - unless their insurance is invalid or they don't have adequate insurance coverage;
5) A person who starts an ICBC injury lawsuit isn't trying to win the lottery - the insurance industry might have you believe otherwise. But, in my experience, the vast majority of injured people simply want to get fairly compensated for their injuries and losses;
6) ICBC injury lawsuits take time to conclude - it's not unusual for these types of lawsuits to last 2-3 years from start to finish;
7) The vast majority of ICBC injury lawsuits are settled - only about 5% of these types of lawsuits go to trial:
8) There are no guarantees of success - An experienced and well prepared personal injury lawyer should be able to properly advise you of the potential outcomes of your lawsuit. However, a guarantee is something no lawyer can offer.
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