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The purpose of a full and final release is simple. It is an explicit acknowledgement by the settling Plaintiff that it has agreed to resolve its claims as against one or more Defendants, and as a result of that settlement, it is releasing those Defendants from the claims at issue.
What Not to Say to an ICBC AdjusterSpeculate about the extent of your injuries.Admit that you are at fault, or believe that you may be at fault.Allow ICBC to record you or sign any statements until you've spoken with a lawyer.Go into detail about what happened.Argue with the adjuster.Make any guesses.
ICBC typically does not settle until almost immediately before a trial. For an average case (light neck injury worth $40,000, for example), it may take up to 2 years until a trial. The big cases can take up to a decade to finish the trial process.
The Accident Claim Form( CL-22 ) is the principle ICBC form that requires the injury claimant's signature. Other ICBC documentation will have to be completed and possibly signed if you are involved in a hit and run, uninsured motorist accident, under-insured motorist accident, or have a wrongful death claim.
Medical careICBC may reimburse reasonable and necessary personal care expenses, such as home cleaning services, if you need assistance with the responsibilities of daily life. If you've been severely injured, ICBC may pay for reasonable and necessary changes to your home, such as a ramp, lift, or bathroom alterations.