If you’ve been in a not at fault accident, and your vehicle was damaged and then repaired, your vehicle’s value may depreciate faster than otherwise (called Accelerated Depreciation). Many drivers are unaware of Accelerated Depreciation, and very few know how to claim it.
ICBC will tell you that you have to wait until you sell your vehicle to prove there is Accelerated Depreciation. You do not.
In fact, according to ICBC, there are 58,600 current Accelerated Depreciation claims, yet only 0.2% of British Columbians (117 people) will pursue these claims. With an average claim value of $3250, that equates to a total of $190,450,000 in damages; no wonder ICBC doesn’t encourage you to claim it now.
i) You are not at fault for the accident.
ii) There is another driver involved who is at fault.
iii) The loss in value to your vehicle can be proven with admissible evidence (this refers to a damage report created by a qualified expert; which we will help you with).
You have two years from the date of your accident to make your claim before you’re no longer eligible. The sooner you make your claim, the better. Due to recent changes at ICBC, if your accident occurred after May 1st, 2021, you will not be able to make a claim.
“Highly recommend getting Rob Fournier to get you back the money you deserve on the financial loss you have suffered on the value of your vehicle. I had an extensive amount of damage done to my new car by a negligent driver. Although ICBC paid for allthe repairs I was still at a loss for the depreciated value of my vehicle. Rob provided mewith an Accelerated Depreciation Report which got me my lost value back from ICBC. I was able to keep it out of court which was a huge time saver and spared me the stress.Rob was also very helpful, insightful and professional. From my personal experience I would recommend Rob's services to anyone who is facing a similar circumstance.”
“Rob at Fournier Auto Group was extremely helpful in assisting me with my accelerateddepreciation claim. He went over and above just simply preparing the report. It is obvious they are passionate above improving the the current ICBC system dealing with these types of claims”
“I highly recommend Rob Fournier. I had a motor vehicle accident May 25 2018. He made a very stressful incident less stressful. His expertise in the auto industry and ICBC was exceptional.Rob helped me get the adequate amount for accelerated depreciation for my new car.”