You are here: Home - Uncategorized -

Rise in dodgy car insurance claims

Written by:

The recent recession has given rise to a sharp hike in the number of spurious motor insurance claims filed.
According to research carried out by LV=  around 40% of solicitors have experienced a rise in the number of dodgy insurance claims.
And of those, more than half (52%) involved fake car accidents.
In one case, someone put in a car insurance claim following an accident even though they were not even in the vehicle at the time of the alleged accident.
Another person said she had been run over by a bus, when in fact, she had simply fallen off the side of the kerb.
Overall, 57% of the solicitors polled said there had been a rise in exaggerated injuries in the last 10 years, with 89% reckoning the “no win no fee” system had encouraged more people to make fraudulent claims.
After whiplash, the next most “made-up” injury was post-traumatic stress, followed by strained muscles.
LV= technical claims director Martin Milliner said: “Genuine cases of personal injury where another person or company is at fault are certainly cause for compensation.
“However, 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.”

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Young UK drivers less likely to make motor insurance claims

British drivers under the age of 25 are less likely to claim on their car insurance than those in some...