Van attack victims have wider range of recourse options: insurance lawyers - News Summed Up

Van attack victims have wider range of recourse options: insurance lawyers


TORONTO — The people affected by a deadly van attack in Toronto have a wide range of options for recourse to deal with the fallout because it involved a motor vehicle under the province’s insurance system, lawyers say. Grossman said this means the victims could have more recourse and a deeper pool of funds from which to recover damages compared to mass-casualty attacks that do not involve a motor vehicle. Ottawa-based lawyer David Contant said while the basic minimum coverage for underinsurance situations is $200,000, it can be higher if the victims’ insurance policies included added protection to upwards of $1 million. On the afternoon of April 23, 10 people were killed and 16 were injured after a man in a rental van drove down the sidewalk along Yonge Street, running down pedestrians. The Motor Vehicle Accident Claims Fund is a government-run organization that is funded by the entire insurance industry to provide benefits in such a collision, he said.


Source: National Post May 01, 2018 17:26 UTC



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