Homeowners in a White Rock condo building have voted to accept a final offer from the Insurance Corporation of British Columbia that still leaves them on the hook for 15 per cent of the bill from damages caused when a car crashed into the building last December.
That offer is much better than the 30 per cent 鈥 more than $8,000 鈥 that ICBC initially wanted them to pay, according to the condo鈥檚 strata treasurer and vice-president Ken Harverson.
Harverson said the building鈥檚 strata considered going through their insurance to cover the extra costs, which ICBC charged to the building鈥檚 homeowners because of depreciation 鈥 the building鈥檚 1988 value was used in deciding the repair cost estimate 鈥 but because the car crash happened several months ago, they decided to just accept the final offer to avoid any further delays.
鈥淭his poor guy has been waiting since Dec. 3 (2022),鈥 Harverson said of the homeowner who is waiting to have his home repaired.
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鈥榃e decided we鈥檙e going to just go ahead and accept (ICBC鈥檚) final offer鈥 about $4,000 is a lot better than $8,000. If we go after them legally it鈥檚 going to be two years, three years in court鈥 my heart wants to carry on but my head says I don鈥檛 think we鈥檙e going to get much better.鈥
At least the word has been spread about how ICBC does business, Harverson noted.
鈥淧eople now know what ICBC is doing. I just hope people are aware that this can happen to them, too.鈥
tricia.weel@peacearchnews.com
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