A Deductible is the amount of money in which an insured injured party is required to off-set from the pain and suffering award. In Ontario, there is currently a $39,754.31 deductible which applies to an award of pain and suffering damages that is below $132,513.28. This is the current amount for 2021 and it has increased every year due to inflation.
Disclaimer: The information throughout this website is not intended to be taken as legal advice. The information provided by Findlay Personal Injury Lawyers is intended to provide general information regarding personal injury law, catastrophic injury cases, wrongful death claims, medical malpractice lawsuits, car accidents, truck accidents, motorcycle accidents, and more for residents of Hamilton, Burlington, Stoney Creek, Brantford, Niagara Falls, and nearby areas in Ontario. This website is not intended for viewing or usage by European Union citizens. If you are interested in learning more about our law firm, please contact us for a personal consultation.