Yes, CCI readers, you heard it here first. If you haven’t temporarily lost your hearing, that is. The news that’s
New figures published recently say that the extra £90 a year it costs drivers to absorb the massive costs insurers incur from paying out on whiplash leaves less cash to invest in the future as they have no choice but to slight their pensions.
Even though it’s barely been a week since the Government pledged to take steps to clamp down on fraudulent whiplash-related insurance claims, one management firm that handles claims for clients involved in accidents is still offering advice to callers to make bogus claims.
Car insurance companies spent more than a mind-numbing £2 billion on whiplash-related insurance claims in 2011, according to recent research findings revealed by the AA.
Blackburn MP Jack Straw has recently said that the new laws proposed to weed out fraudulent car insurance claims are a good start, but there is still much more work to be done in lowering the price of motor car insurance in the UK.
One major motoring organisation has recently revealed that insurance claims related to whiplash have cost car insurance companies in excess of £2 billion in 2011, working out to an an additional £90 tacked on to the price of the average insurance policy.