Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo

Whiplash claims blamed for sharp rise in insurance premiums

By / 5 years ago / Latest News / No Comments

Around 600,000 whiplash claims are made each year – adding £90 to the average car insurance policy – despite a drop in the number of accidents. As a result, insurance premiums increased 16.4% last year.

As a result, the report from the House of Commons Transport Committee has advised that the Government should impose a higher threshold for the payment of any compensation in whiplash cases.

The report said: ‘We recommend that the bar to receiving compensation in whiplash cases should be raised.

‘If the number of whiplash claims does not fall significantly as a result there would, in our view, be a strong case to consider primary legislation to require objective evidence of a whiplash injury, or of the injury having a significant effect on the claimant’s life, before compensation was paid.’

The committee has also called for a ban on the practice whereby insurance companies receive referral fees for passing on the details of policyholders that have had accidents to solicitors, garages and credit hire firms.

Download PDF

Related Post

The author didn't add any Information to his profile yet.

Leave a comment

You must be logged in to post a comment.



Strict Standards: mktime(): You should be using the time() function instead in /var/www/vhosts/fleetworld.co.uk/httpdocs/wp-content/plugins/custom-background/includes/class.BackgroundsFrontend.php on line 347