The incurred expenses debate
Author(s): Stacey L. Stevens
March 25, 2013
Since the Sept. 1, 2010 re-introduction of the concept of “incurred” expenses and the qualifying term “economic loss” in the Statutory Accident Benefits Schedule, automobile insurers and accident victims have debated how the terms incurred and economic loss should be applied when paying for allowable goods or services, Toronto personal injury lawyer Stacey L. Stevens writes in Lawyers Weekly.
“The debate is even more pronounced when the person providing the goods or services is a non-professional or family member of the accident victim,” she writes.