Applicant entitled to include profit from pre-accident car sales in calculation of weekly income benefits.
The applicant was injured in a motor vehicle accident and claimed that his weekly income benefits should have been higher than the $185.60 paid by the insurer.
The applicant operated a towing and scrap metal business and claimed he sold several cars for a substantial profit shortly before the accident.
The arbitrator found that the applicant was entitled to include the income from the sale of four cars in the calculation of his average gross weekly income for the four weeks before the accident, based on a list provided to the insurer.
The determination of the exact weekly income benefit amount was deferred pending recalculation by the parties.
The applicant was also awarded his arbitration expenses.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesMar 16, 1995