Whiplash Fraud Likely at Fault for Rising Coverage Prices reports Classic Insure
Leading insurer wants experts to determine validity of specific cases
According to the Association of British Insurers, nearly a quarter of whiplash claims are likely fraudulent. "For too long, it has been seen as the 'fraud of choice'. Our roads are safer, yet every day over 1,500 claims are made. More effective diagnosis of whiplash will help genuine claimants get paid out quickly and reduce the scope for fraud, so helping to ensure that honest motorists do not end up footing the bill for the cheats through higher insurance premiums."
Aviva's proposal come before the Ministry of Justice consultation that will look into whiplash that ends in March of 2013. Dominic Clayden, claims director at Aviva, has recently pressed for the introduction of what he calls a “truly independent” panel of experts to determine cases such as whiplash. He states that the average consumer supports the move to have such implementation.
He states Aviva found that 95% of driver state they believe there are unnecessary whiplash claims that cause the increase in car insurance premiums. Such cases have jumped up by 80% since October of 2008.
Aviva has researched nearly a half-million UK drivers who have specifically made a PI claim and found that a mere 33% spent their compensation on medical treatment physiotherapy. Others used the money to pay debts and purchase luxury items. Almost 10% (one in every 10) went on holiday with their money.
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