Injury claims to blame for increase in car insurance premiums

Wed, 20 Jan 2010

'Ambulance chasers' are to blame for an increase in car insurance premiums, according to confused.com.

Zurich recently announced that it will raise premiums by 20 per cent this year, something that will affect companies trying to provide cheap car insurance .

Will Thomas, head of car insurance at the price comparison website, is worried that Zurich's decision will be replicated by other companies.

He said: "Pricing has had to change due to a number of factors, such as a year-on-year increase in personal injury claims brought on by a new breed of litigation-savvy motorists assailed by ambulance-chasing injury lawyer adverts on the television ."

Zurich explained that it had seen claims relating to injury increase by 50 per cent over the last few years.

Meanwhile, the government is currently reviewing whether law relating to litigation should be amended, particularly in the area of "no win, no fee" legislation, which could help keep motor insurance prices down.
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