From 30th April 2010, the way in which road traffic accident claims are processed changed, with the ultimate aim of the reforms being to create a clear and well defined process with fixed time periods and fixed recoverable costs. The reform has also prompted the creation of a new web portal for accident claim solicitors to share information in a timely and secure manner with insurance companies.
The reforms have been widely welcomed by accident claim solicitors and insurance companies alike who have heralded the simplification and speeding up of the process great news for accident victims. So much quicker and simpler will the process be that in cases where liability is accepted the whole process could be completed in as little as 30 days, allowing injured parties to recover compensation for their financial loss and start to move on as quickly as possible.
The new process will only apply to road traffic accidents with a claim value of £10,000 or less.
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Comment by veterinary technician — May 23, 2010 @ 8:13 am