Wednesday, October 26, 2011

Car insurers split over paying fees to claims firms

Auto insurance companies are calls, paid the taxes point of reference for lawyers and management of claims following accidents divided scrap.
Axa has already announced the sale of data from customers who have made claims on firms.
But the admiral - one of the largest auto insurer in the UK - has revealed £ 147 million £ 350 million returns last year was a gain from taxes - and officials have warned they will not say to stop the law, they must .
Car insurance pass the details of the riders who have submitted an incident to the business of chasing car, repair and personal injury lawyers agree shortly.
Some lawyers are likely to pay up to £ 800 a time for auto insurers for leads for personal injury.
The practice is worth millions of pounds a year and is used by politicians and insurance companies as one of the reasons, accused of car cover in such a huge rise in prices.
The average cost of car insurance has risen around 30% per year dramatically in recent years
Labour MP Jack Straw is waging a war against taxes, labeling them as "blackmail."
Well, AXA is urging the government to cut taxes do not win, no fee lawyers can charge.
"While we are the signs that the Government of like-minded people to a market-wide ban imposed fees reference is to be welcomed, are a symptom - not the cause - of assault," says Paul Evans, CEO of AXA UK.
"We believe that more radical steps are required. First, a review of the fixed fees that deserves severe personal injury lawyers," he said.
Evans makes the government for letting the attorneys fees are too high.
He revealed the proponent for the costs of no-fault drivers fixed costs of £ 1,200 to the other side insurers process a claim.
"If you still have a £ 400 profit after paying £ 800 for the data of the applicant, its fees are too high," said Evans. "The government should reduce the fee to £ 400. The attorney would still have the same profit."
The idea is that personal injury lawyers are still playing, but paid directly by the customer and not the insurer for leads.

0 comments:

Post a Comment