LV= insurance study reveals rise in fake claims
www.moneynews.co.uk > Insurance > LV= insurance study reveals rise in fake claims
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Money News |
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LV= insurance study reveals rise in fake claims
Wed 31st Mar 2010
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Martin Milliner, technical claims director for the company, defined a genuine case as one where there is certainty that one party is to blame and he encouraged solicitors to "apply rigorous questioning" before any compensation is given.
He added: "Drivers who invent or exaggerate their injuries to make a claim not only break the law, but also push up the cost of car insurance premiums for all motorists."
Personal injury claims have boosted the standard car insurance premium from £200 to £300, according to the insurer.
However, it has been revealed by Axa in a new survey that young British drivers are less likely to make an insurance claim than their European counterparts.
Click here for more insurance news
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Related News : LV= |
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