Whiplash claims cost the country # 2 billion a year, an average of # 90 per insurance policy, which is out of all proportion to any genuine injury suffered.
Not exact matches
In insurance
claims, more than 80 % are related to
whiplash injury and
cost # 1 billion yearly.
Separately, the small
claims limit for road traffic accident cases will be raised from # 1,000 to # 5,000, pushing most
whiplash cases to the small
claims track, where claimants can not
claim for their legal
costs.
This
whiplash injury claimant was injured at a deli in Langley, British Columbia and
claims damages for pain and suffering; Past loss of earning capacity; Loss of future earning capacity;
Cost of future care; and Special damages She was a customer standing in the store... Continue reading →
A survey from the Institute and Faculty of Actuaries (IFoA) has found that the legal
costs for making third party
whiplash - type injury
claims has fallen by 65 %.
This
whiplash injury claimant was injured at a deli in Langley, British Columbia and
claims damages for pain and suffering; Past loss of earning capacity; Loss of future earning capacity;
Cost of future care; and Special damages She was a customer standing in the store when a vehicle crashed into it.
The Conservative manifesto pledged to «reduce insurance
costs for ordinary motorists by cracking down on fraudulent and exaggerated
whiplash claims».
The
cost of allegedly «over-inflated»
whiplash claims is a crutch that the industry repeatedly leans on when in difficulty, while the truth for FBD is that:
Topics include restricted damages for
whiplash injury, changes to the personal injury small
claims limit, the increase in value of
claims covered by fixed
costs, and the introduction of a tariff system.
I can understand
costs being fixed for
whiplash claims, as essentially they involve the same stages.
Altering your job title a little, «forgetting» to add a speeding ticket from three years ago,
claiming for
whiplash when you didn't need it... these white lies (or big lies)
cost the insurance industry an incredible $ 29 billion every year.