It’s winter and car insurance renewal time for many people across the UK, meaning that there’ll be a whole lot of ‘how much?!’ being said. It’s been widely reported across the press and broadcast media that car insurers are putting up prices and an increase in personal injury claims is being blamed.
Rear end collisions are one the most common causes of whiplash injury claims
Speaking about tackling rising premiums, DUP representative Mr Wilson said: “I said that in order for us to see lower premiums a number of steps must be taken, first of all, insurance companies need to be more robust when dealing with personal injury claims.”
He added: “Often, if a claim is below a certain amount, companies will roll over and pay out. Instead, they need to be fighting more of these claims and taking them to court, forcing people to prove their case.”
As well as injury claims, it is estimated that uninsured drivers add £30 to the cost of each insurance premium and with the current fine for the offense standing at only £200, there is little deterrent. All in all there are many factors that contribute to increased premiums, but seeing as most insurers are themselves insured, the ‘increase in costs’ doesn’t wash with many industry analysts.
Leave a comment