When a driver is unlucky enough to be involved in a road accident that is not their fault, they can claim comepsnation for their injuries, damage to their vehicle and lost earnings or incurred expenses but are not obliged to do so with a road accident solicitor. He or she does have the option of deciding to accept a settlement offered by the insurers acting on the liable party’s behalf. Settling early has obvious benefits for the insurance company, who will be able to save money 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. To put that into perspective: that’s 80% of all road traffic accident claims. Included in the new system is an electronic portal for sharing information relating to the claim between the road accident solicitor and the insurance company to eliminate the potential for duplication of information and the reduce time spend on the claim. 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. But road accident solicitors are warning consumers that whilst the process appears to have been simplified, it is now more important than ever to hire a road accident solicitor to ensure that consumers get a fair deal.

The new regulations have allegedly led to a rise in a practice that is not new. The Insurance companies acting for the liable driver contact the claimant offering early settlement of their claim. It is not uncommon for the companies to exaggerate the cost and complexity involved in hiring a road accident solicitor in order to encourage claimants to accept the early settlement offer. Sadly the settlements offered by the insurance companies are not always as high as those a court would offer. It is therefore more important than ever to enlist the help of a road accident solicitor.

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