We often talk about the rise in false accident claims, but for the first time, insurers are beginning to win the battle against ‘suspect’ whiplash claims.
The reduced number of whiplash claims has saved insurance companies over a billion pounds – savings which are yet to be passed on to consumers.
The Government’s Compensation Unit has put together figures that show 50% of accident claims made refer to motor related incidents. Statistics also show that the average value of a claim has reduced by £124 to £10,600.
The industry has been threatening to get tough on whiplash claims for a while and it […] Read more