MotorQuoteDirect: Insurance Costs and Whiplash Claims Discussed at Summit [Manufacturing Close - Up] - Insurance News | InsuranceNewsNet

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February 25, 2012 Newswires
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MotorQuoteDirect: Insurance Costs and Whiplash Claims Discussed at Summit [Manufacturing Close – Up]

Proquest LLC

Last week insurance bosses met with the Prime Minister, David Cameron, and other Government Ministers in order to discuss ways in which the burden on UK motorists can be lifted.

According to a release on February 20, the meeting took place at Downing Street and was arranged as a direct result of the rising motoring costs, including the cost of motor insurance which has risen by around 30 percent in the last three years.

Furthermore, the Transport Secretary, Justine Greening, has described the UK recently as being the "whiplash capital of Europe" whilst David Cameron is keen to put an end to the "trivial claims" that have been made in this country.

The summit therefore discussed ways in which the number of personal injury claims made every year could be reduced. The idea being that this would halt the inflation of insurance premiums in tandem. It is thought that so many whiplash claims are made due to an absence of medical diagnosis. This results in fraudulent whiplash injury claims.

Insurers now want measures to be adopted similar to those in Germany whereby there is a speed threshold in place on any future whiplash claims. Furthermore, German injury claimants have to supply two separate medical reports.

Joe de Vries, of Bedford Insurance Services, the parent company of MotorQuoteDirect, is seemingly in favour of such measures: "I think this would be a very positive step for us here in the UK. This will inevitably result in the ever inflating insurance prices decelerating somewhat."

MotorQuoteDirect offer a range of car insurance services, such as any driver car insurance, car insurance for learner drivers, student car insurance and performance car insurance amongst others.

More information:

http://www.motorquotedirect.co.uk

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2012 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  291

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