A good friend of mine just got into an accident today. His car is an older vehicle with a number of good mods. The vehicle was in excellent condition (prior to the accident), but now is naturally a somewhat banged up. He is concerned a couple of things, so I am hoping I can tap into our collective wisdom and see what kind of options he has.
- Because of the car's age, his no 1 concern is that ICBC will just choose to write it off instead of getting it repaired. My friend suspects the car is probably repairable as he managed to continue driving home on the car's own power, but he is no bodyman, so ultimately it would probably be the ICBC adjuster's call. He is already aware of the usual methods (photos of the car, ads of similar vehicles, etc.) to provide ICBC with evidence of the condition of the vehicle and hence the hopefully higher market value. But should ICBC determined that it would be cheaper to just write the car off, what sort of recourse can he seek?
I seem to vaguely remember that there is a way for the owner to buy their own crashed vehicle back from ICBC. But how does that work in conjunction with his compensation on the vehicle? And if the car is bought back from ICBC and subsequently repaired, does that mean it is going to get a rebuilt/salvage title?
I also know that in certain cases when the vehicle is written off, ICBC will still allow the owner to remove / retrieve non-integral components off the car. Is anyone familiar with the limitations of how far that can be taken?
Your suggestions and experience on these matters will be very much appreciated.