Book a Free Consultation With Our Vancouver Insurance Claims and Brokerage Negligence Lawyers

There are a variety of ways that insurance brokerage negligence can take place in Vancouver. At Watson Goepel LLP, we have handled brokerage negligence claims involving:

• Failure to recommend proper coverage for clients’ needs
• Misrepresentation or omission of important policy terms that led to unexpected gaps in coverage
• Failure to renew or update policies properly
• Incorrect processing of applications or endorsements, resulting in partial or denied coverage
• Failure to advise on exclusions or limitations that could leave you unprotected
• Failure to communicate important claim deadlines or reporting requirements
• Neglect in comparing insurers or coverage options, leading to significant financial loss
• And more

Brokerage negligence claims in Vancouver and British Columbia are subject to BC’s Limitation Act. The law generally gives you two years from the date you discovered negligence (or reasonably should have discovered it) to file a claim.

The “discoverability rule” means the countdown starts only when you become aware of the issue, not when the negligent act occurred. For example, it begins when your claim is denied or you receive an inadequate payment.

Consulting a lawyer as soon as you suspect any negligence has occurred will help you avoid missing important deadlines and gather the evidence you need to build a strong claim.

There are several types of damages you may be able to recover through a brokerage negligence claim against your insurance broker. For example, you may pursue compensation for:

• Financial losses caused by the broker’s error or omission (costs that would have been covered by proper insurance)
• Out-of-pocket expenses, such as repair or replacement costs your insurance should have covered
• Consequential damages, such as lost income or additional expenses you incurred because of the uncovered loss
• And more

You might also be eligible to have your legal fees covered by the defendant. Our insurance claims and brokerage negligence lawyers at Watson Goepel LLP can help you determine what compensation you may be entitled to. Our goal is to put you in the position you would have been in if the broker had acted competently.

Yes, this consultation is absolutely free. You only pay us if we win your claim for you.

Common mistakes include:

• Your broker failed to obtain proper coverage you requested (e.g., omitting earthquake or business interruption insurance)
• Your broker forgot to advise you on policy exclusions or gaps
• Your broker misrepresented policy terms, neglecting to notify you of deductibles or limits
• Your broker did not renew or maintain your coverage, allowing the policy to lapse without your knowledge
• Your broker neglected to submit your claim in time, resulting in denial of coverage

An insurance lawyer can be a critical ally in pursuing a negligence claim. If your insurance broker made a mistake that left you uninsured or underinsured—and you suffered a loss—a lawyer can help you seek compensation and hold the broker accountable.