A Road Accident Solicitor Will Ensure You Get a Fair Deal
Those drivers who are unfortunate enough to be involved in a car accident can claim for compensation for loss of earnings, their injury and the damage to their car, van or other vehicle and they are not obliged to do so with the help of a road accident solicitor. The driver can simply choose to accept an offer of settlement made by the liable party’s insurer. For the third party’s insurer, this is obviously beneficial, because settling claims early eliminates their spending on legal fees. That said, unless a consumer has consulted a road accident solicitor they may not be certain that what they are being offered is fair.
A new system for handling the processing of road accident claims with values between £1,000 and £10,000 was introduced on April 30th this year. In other words: 80% of all road accident claims. The new system introduced an electronic information sharing portal so that a road accident solicitor can easily share information with an insurance company relating to a claim, avoiding duplication and saving time. In addition, the new regulations include strict time limits within which the claim must be completed.
The new system had at its heart the aim of streamlining the existing process so that accident victims would rest assured that their claim would be sorted out as quickly as possible and insurance company spending on legal fees would be reduced. Ultimately, the biggest priority was getting compensation to those people who needed it more quickly. However, road accident solicitors are keen to underline that although the system itself is simpler now, it is just as important to consult a road accident solicitor to ensure that drivers get a fair deal.
The new regulations have allegedly led to a rise in a practice that is not new. Insurance companies acting on behalf of the liable party contact the innocent party offering to settle their claim early. Often the companies cite the costly legal fees and lengthy process involved in claiming with the help of a road accident solicitor and try to encourage consumers to accept early settlements. Unfortunately, the insurance companies do not necessarily offer claims worth the same amount that a road accident solicitor would be able to obtain. Therefore, now as much as ever before, it is important to consult a road accident solicitor.