“Will you really receive a reduction in your insurance premium of £40.00?”

You may have seen recent press reports detailing the proposed changes to the small claims limit from £1000.00 to £5000.00 and proposals to outlaw whiplash claims, which include the removal of the right to seek compensation for not only whiplash but also soft tissue injuries and/or to cap the amount recoverable in damages to £425.00.

Liz Truss, Lord Chancellor, states such injuries are “minor…and that for too long some have exploited a rampant compensation culture and seen whiplash claims as an easy payday, driving up costs for millions of law-abiding motorists…these reforms will crack down on minor, exaggerated and fraudulent claims…insurers have promised to put the cash saved back into the pockets of the country’s drivers

Within only a few days, following the Chancellor’s Autumn Statement, the announced forthcoming rise in insurance premium tax (IPT) has already seen insurers reining in on that “promise”.

This is not surprising, as insurers have failed to pass on the promised savings they stated would follow previous substantial reforms.

The Ministry of Justice (MoJ) says that there will be an estimated saving for insurers of 532 million, which they “expect” the insurers to pass onto their customers.

The Law Society has stated that these proposals would “undermine the right of ordinary people to receive full and proper compensation from those who have injured them…individuals will have to go it alone against well-financed defendant insurance companies”.

Our experienced Personal Injury Team at Ringrose Law believe that the right to damages following a breach of duty is a fundamental right and principle of our legal system. We will continue to campaign against such draconian measures which will remove access to justice.   Contact a member of our Personal Injury Team in any of our offices at; Lincoln, Boston, Spalding, Sleaford, Grantham and Newark.

How can we help?

    Contact Details
    This site is protected by reCAPTCHA and the Google Google Privacy Policy, Our Privacy Policy and Terms of Service apply.