Tuesday, October 27, 2009

A Major Culprit in Growing Whiplash Compensation Claims

The number of claims filed in the United Kingdom incredibly increased, as more people have suffered from an injury, claims that it is in relation to an industrial accident, a fall on a public street or on the road collision.

However, the main culprit for the increase is assumed that whiplash claims. Research has shown that a majority of compensation claims are due to a whiplash injury.

Figures from the Association of British Insurers (ABI) has found that the number ofClaims made by whiplash, amounting to an average of 1200 applications per day across the UK.

40 percent of insurance companies in Europe consists of whiplash claims, compared to 75 percent in Britain, costing the NHS up to € 8 million per year to do with the victims.

Staging Accidents In Government figures show that Britain's roads are becoming safer, it can only be taken into account that the growing number of whiplash claims of up to organized fraud.

The increase in whiplashExposures may contribute to the number of fraudsters staging accidents to get compensation.

After suffering the Automobile Association, the number of those who claim to minor, low-speed accidents has risen by 25 percent in the past five years.

As more and more fraudsters the streets, the number of road accidents, which are deliberately staged, will also increase raising the level of compensation be made to pay out considerably.

In 2007, the number of whiplash claimshad submitted cost, the insurance industry £ 1.9 billion in compensation after 430,000 people had made a request, according to the ABI.

The figures are expected to reach half-million mark this year with the amount of compensation adding up to 2 billion pounds.

Compensation claims, premiums, since the number of applications whiplash increase to believe that insurers car insurance premiums are also set to rise in parallel.

Insurance director Simon Douglas said of AA: "The cost ofWhiplash injury claims is about £ 66 for every UK car insurance, or about 14 percent of the average auto insurance premium. That is more than twice the cost of claims for accidents involving uninsured drivers.

Over the past few years increased the average premium for comprehensive car insurance by 8.7 percent, and whiplash is becoming an increasingly important factor in future rate increases. "



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