Does ICBC pay cash for no fault damage?

There is bodily damage to the truck. But, instead of having that repaired (say a small dent), I would like to be paid for the value of the repair and decide how I want to spend the money.

Is this possible?

Instead of paying the body shop for removing the dent, I would like the money it would cost to fix it. I would like to buy new tires with that money.

 

Yes, its a settlement. You won't get the exact estimated value but you can work it out with them.

Who is at fault?

 

not me

 

ICBC may try and tell you that they won't do a cash settlement so you may have to be insistent.

 

I have done this in the past with a vehicle they wanted to write off. They let me wheel and deal with the bodyshop and I got a deal done. It was even a vehicle I had already rebuilt with rebuilt status. It helped that it was a rare vehicle.