Another B.C. strata says ICBC won’t cover full cost of vehicle damage to its property
Global News
The complaint follows concerns from residents of a condo building who are fighting the public insurer over full compensation of damage caused by a driver during a snowstorm.
Another B.C. strata corporation is coming forward with complaints about ICBC’s coverage after its property was damaged by an insured driver.
The complaint follows concerns from residents of a White Rock condo building who are fighting the public insurer over full compensation of damage caused by a driver during a snowstorm in December.
Residents of that property say ICBC won’t cover $6,000 of the repair costs because its calculations included depreciation on the 35-year-old bulding.
Residents in a Maple Ridge townhouse complex tell Global News they’ve had a similar experience — not once, but twice.
The first case happened in 2021, when a driver smashed into the complex’s concrete sign, homeowner Brian Smith explained.
“We dealt directly with ICBC, and it was really a nightmare to get a settlement from them. We ended up getting a smaller sign because they didn’t want to cover the whole quoted price of the same sign,” he said.
In January another driver crashed into strata property, this time the complex’s gate.
After the frustrating experience going through ICBC, the strata corporation went directly to its own insurer first this time, Smith said.