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Published on: 19 Jan 2024 By

Another large increase: Statutory deductibles and thresholds 2024 – A legislated barrier to full recovery

Did you know that if you have been hurt in a motor vehicle collision seriously enough to receive an award for pain and suffering, it may be reduced by $46,053.20? This amount is known as the statutory deductible and, worse yet, it is tied to inflation and increases each year. If you are inju…

View the post titled Another large increase: Statutory deductibles and thresholds 2024 – A legislated barrier to full recovery