Should I Make an ICBC Claim?

That said, when you’re involved in a collision, especially a collision with another vehicle (as opposed to a single-vehicle accident), you’re probably better off contacting your insurance company (ICBC or otherwise) right away. Why?

• They can help pay for property damage or injuries you cause while driving (up to your policy limits);
• They can help pay for your legal defense costs if you’re sued;
• If you try to reach a financial agreement with another driver on your own, you could run the risk of being sued later if damages to the other car prove to be more extensive than originally thought.
• If you fail to report the accident to your insurer promptly and the other driver makes a claim for related injuries or damages at a later date, your insurer may be able to deny coverage.