Popular Searches:  AIG  china  sunamerica+aig  LIFE  financial  health

The Injury Lawyers Warn on Insurance Fraud Dangers

 

Wednesday, Sep 09,2009, 3:38:31 PM   Click:

The Injury Lawyers (http://www.theinjurylawyers.co.uk/), the UK's leading personal injury claims lawyers, are warning that people involved in car insurance fraud run the risk of serious injury for themselves, with no compensation.

The warning comes as the UK insurance industry warned that both the number of uninsured drivers, and the number committing insurance fraud, was rising steeply.

Last month the Association of British Insurers (ABI) reported that insurance fraud had risen to GBP1.9 billion (1). And last week, both Aviva and Admiral reported that car insurance fraud had risen another 30% over the first six months of this year (2).

According to Mike Gibson at The Injury Lawyers, "What many people forget is that car insurance provides an important protection for both the driver and passengers in the event of an accident. If there is no valid insurance in the event of a claim, then the result can be extremely costly to the individuals involved."

Mike Gibson also underlines the health risks to those affected. "The impact of even minor injuries from an accident on a person's every day life should never be underestimated. Whiplash injuries are especially common, and can be especially severe. Left untreated or undiagnosed, a whiplash injury can become debilitating, preventing someone from being able to work. Whiplash is ordinarily covered by insurance companies to provide compensation in the event of a whiplash claim (http://www.whiplash-claims.com/), not to treat the injury, but instead provide income and compensation because of it. Without appropriate insurance cover, a person suffering from whiplash symptoms can be left out of pocket paying for car repairs, lose income from taking time off work, as well as suffer pain without any means of compensation."

Mike Gibson warns against taking risks with cover. "At the end of the day, someone may think they are saving money by being uninsured, or providing wrong details to get a cheaper policy, but in the end it can end up costing them tens of thousands of pounds instead."

  • Print

You may also be interested in:

Discuss this news

Click Here to see all comments
Please aware of self to obey the Internet related policy laws and strictly forbid to release porn, violence.
Appraisal:

Name:

Email:

Content:

Featured

LONDON -- (MARKET WIRE) -- 04/23/09 -- MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in Europe. Through our numerous partnerships with many of the top

MaybachFinancial.com Posts Free Analyst Report on ETN,

LONDON -- (MARKET WIRE) -- 04/23/09 -- MaybachFinancial.com is one of the

Copyright: The Associated Press. All rights reserved. May This material may not be published, broadcast, rewritten or redistributed. Source: Associated Press Wordcount: NEWARK, NJ_New Jersey

Report: More NJ residents lack health insurance

Copyright: The Associated Press. All rights reserved. May This material may not

Copyright: Business Wire Source: Business Wire Wordcount: WALTHAM, Mass.--(BUSINESS WIRE)-- Guardium, the database security company, today announced continuing customer momentum for its database

Guardium for Momentum Fuels customer database by IBM

Copyright: Business Wire Source: Business Wire Wordcount: WALTHAM,

Copyright: Business Wire Source: Business Wire Wordcount: DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/2cb6f8/private_healthcare) has announced the

Research and Markets: private health care in Central

Copyright: Business Wire Source: Business Wire Wordcount: DUBLIN--(BUSINESS

International general insurer Axa S.A. [85085] said it has tied-up with the takaful and retakaful group Salama Islamic Arab Insurance Co. [78342] to provide group life solutions, including death and

Axa, Salama Team Up for Group Life Solutions in UAE

International general insurer Axa S.A. [85085] said it has tied-up with the

CHICAGO--(BUSINESS WIRE)-- CNA understands the importance of patient safety and risk management in the evolving world of healthcare. As one of the nations leading providers of professional liability

CNA HealthPro provides Healthcare Risk Management

CHICAGO--(BUSINESS WIRE)-- CNA understands the importance of patient safety and

NEW DELHI, INDIA -- (MARKET WIRE) -- 07/16/09 -- Investors seeking the best unbiased research on Analog Devices Inc. (NYSE: ADI), Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), State Street Corp.

StreetInvesting.com Free Research on ADI, MTU, STT,

NEW DELHI, INDIA -- (MARKET WIRE) -- 07/16/09 -- Investors seeking the best

MOST POPULAR