Quote:
Originally Posted by Mancini Report it to ICBC.
QUESTION: What do you hope to gain by dealing with this privately?
ANSWER: You gain nothing.
If you want you can reimburse ICBC for your claim, essentially making it like it never happened. Your choice. At least by reporting it you will have a choice in how to proceed. |
I think theoretically it wouldn't be on your vehicle's accident record when you sell your car, if you don't report it? I wouldn't risk that though, all it takes is the other person secretly reporting it and you might get in all sorts of shit.
Anyway like the others said, after you report it to ICBC you're always given the choice to either pay for it out of pocket (no hit to insurance premiums), or let ICBC cover it (at the expense of your insurance premiums going up).
Edit: Lol TBH I didn't read your original post. Now that I read it, I guess your question is: "How can I avoid getting fucked over like my friend did?" The answer is: You can't. No matter how you do this, the other guy can make up anything he likes whether you guys settle this privately OR through ICBC. Except that if you settle it privately, he can STILL go to ICBC afterwards and screw you over 2x over haha. So just go through ICBC.