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B.C. to introduce auto insurance pay out limits next year

February 8, 2018  
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B.C. to introduce auto insurance pay out limits next year


February 6, 2018   by The Canadian Press

VICTORIA – The British Columbia government will implement a $5,500 cap on pain and suffering for pay-outs to vehicle accident victims in a move to save $1 billion a year for the province’s public auto insurer.

Attorney General David Eby says the settlement limit on those injury claims will not take effect until April 2019, as part of legislation to be introduced by the New Democrat government...to read the full article click here


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