Sunday, August 21, 2011

Why have road accident compensation claims gone up so much recently?

By Sally King


Traffic accident compensation claims have been around for a long while now but over the last few years they have rapidly started to increase. These compensation claims span from damage to vehicles across to injuries to drivers and passengers and some of these claims are difficult for insurance companies to either confirm or deny because it can't be proven whether the person making the claim is telling the truth or not.

There have been many factors which have contributed to the huge increase in accident compensation claims; one factor is the economic crisis that has put many people in a difficult financial position. Because people are so short of money, a road accident acts as the perfect opportunity for these opportunists to fake an injury in order to claim compensation to help their financial situation.

Because of how hard it is for insurance companies to determine if a claim is genuine or not, a whole new type of crime has been generated as fake car crash rings have started staging accidents with people they know as witnesses so that they can claim for injuries on the other person's insurance. These criminals are heavily exploiting the system with many people claiming on multiple occasions for different accidents they are supposedly the victim of.

No win no fee solicitors have created a sense of entitlement within many as they have instilled the thought within people that if it wasn't their fault then they should get some form of compensation. These solicitors are looking for business for themselves and encouraging others to try and claim even when there is only the smallest chance of them succeeding.

An increase in traffic on roads across the UK has also contributed to the increase. It has happened in somewhat of a chain reaction as more traffic leads to more accidents which of course have led to more injuries and claims. This isn't likely to change either as the traffic will continue to increase whilst room on the roads stays the same.




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