Economic losses are monetary damages, or those demonstrable on a balance sheet. In the aftermath of an injury-causing accident, many survivors are forced to pay out-of-pocket for various injury-related expenses. They might lose wages if they are required to miss work to recover from their wages. They might suffer a reduced earning capacity because of their … Continue reading “An Overview of Economic Losses on Insurance Claims in Canada”
All motorists in the province are required to hold mandatory insurance. All automobile insurance plans in Ontario are required to provide the coverage outlined in the provincial Statutory Accident Benefits Schedule. Therefore, injured survivors of motor vehicle collisions should be able to recover accident benefits to offset the cost of injury-related expenses. However, insurance providers … Continue reading “Denied Accident Benefits: Can I Dispute this Decision?”
Accident Benefits are one of the most vital financial resources at the disposal of car accident victims in Ontario. Amendments to the Statutory Accident Benefits Schedule impact your ability to collect certain benefits and how those benefits are calculated. Several new amendments went into effect on February 1, 2014, and further diminish your accident benefits … Continue reading “2014 Amendments to the Statutory Accident Benefits Schedule”
Ontario’s Statutory Accident Benefits Schedule provides some monetary relief for car accident victims who miss work because of their injuries. This financial benefit is offered through your settlement in the form of income replacement benefits. Income replacement benefits are available to victims whose accident-related injuries prevent them from working at all or at the same … Continue reading “An Ontario Accident Victim’s Guide to Income Replacement Benefits”
After an accident or injury, you may be forced to take time off from work. If you were in a car accident, you may recover various types of accident benefits, including Income Replacement Benefits. If you are filing a lawsuit against a negligent party – whether for a motor vehicle accident or other accident – … Continue reading “How Loss of Income is Determined in an Injury Claim”
Personal Injury Law Tip #3 After an accident, there are strict limitation periods that mandate when a claim must be filed. Failure to comply with the applicable limitation period can prejudice you greatly. A lawyer can help ensure that you will not miss these limitation periods. It is always a good idea to get advice … Continue reading “Limitation Periods When Filing a Claim”
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