Performance Car Insurance & Snow Claims
Posted on December 9th, 2010
Did you know that car insurance claims have risen by 23% since the start of the bad weather a fortnight ago? A study of a leading insurer has revealed that, although people are taking it easy on the roads, many people are skidding and sliding around on the ice and into other cars as well as into parked cars and stationary objects. One person even reported an accident after swerving to miss a wild boar. As such, the season of the weird and wonderful is here.
Of all of the claims put in though more are being placed on performance car insurance than any other type of insurance. This is largely because performance cars are not only more powerful and tend to offer a less sensible drive in conditions like these but also because any modifications can make them more difficult to drive.
Tags: Car Insurance, Claims
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Significant Increase in Specific Auto Claims Becomes Questionable
Posted on May 12th, 2010
When it comes to auto claims, insurance companies have a pretty good idea of what kinds are made and how many there should be during a given time period. If there are a lot more specific auto claims being made, that could lead the company to question the validity of those claims. One of the ways that these same companies keep their low car insurance rates available is through the investigation of these claims, so they can stop any fraud that might be occurring.
When you get car insurance quotes, they’re based on information that the insurance company has and what you provide to the company regarding your driving record, the kind of car you have, and other factors. T
Tags: Auto Claims, Claims, Specific Auto, Specific Auto Claims
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Jackson report will cause surge of spurious claims
Posted on January 22nd, 2010
Specialist legal expenses provider ARAG has warned that access to justice will be damaged and frivolous claims will surge due to one way cost-shifting and the abolition of ATE insurance and Success Fee.
Business development and marketing director Paul Hurley has said that the have-a-go culture will be encouraged by shifting costs as the client stands to lose nothing.
Hurley warned that liability insurers would be flooded with claims, and that this would negatively affect the timescales in Ministry of Justice reforms due to be implemented in April.
He went on to state his disappointment with LJ Jackson, who failed to fully engage with ATE providers.
Following the withdrawal of Legal Aid, many insurers who filled the gap went bust or incurred substantial losses and withdrew from the ATE market.
Hurley criticised the understanding of the LEI market and the assertion that ATE insurance adds greatly to the cost of litigation, and called on the views of members of the LEI market to be taken into consideration.
He also warned of a declining uptake of BTE Insurance as gross premiums rise and fewer people opt for the coverage.
ARAG has said it would be a brave government that adopts these proposals, and cited previous government support for and backing of ATE Insurance.
Tags: Claims
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