Question
What does it mean to “settle” a claim?
Answer
Settling a claim means agreeing how much ICBC will pay to you for losses suffered in a crash. Losses include such things as lost income, pain and suffering, and out-of-pocket expenses. Your ICBC adjuster is authorized to offer you a settlement.
When you are ready to settle your claim, you may need to complete some paperwork to finalize the settlement agreement. Your adjuster will explain how to do this at that time.
