An important increase in people who are now prepared to make fraudulent personal injury claims to supplement their own income.
A great astonishing eighty nine percent of lawyers feel that the No Win No Fee arrangement has encouraged more visitors to make deceitful injury promises, according to research carried out just by LV.
Overstating injuries has been on the rise for the past 10 years say almost sixty percent of the solicitors involved, with almost half stating they also have witnessed a surge with false claimants since the start of the recession.
The most common types of injury that are likely to be embellished are whiplash, post traumatic stress disorder and strained muscles, with auto accidents being the favourite choice of incident for these injuries to happen.
Your LV investigation established that sixty three percent of the legal professionals believe that television advertising of these sorts of services is among the most key factors for your increase in false injuries claims, additionally they believe that those included do perceive it as an easy way to make money.
As a result of these actions, sixty two percent of lawyers now scrutinise in much greater depth the submitted injuries claim forms before investing in any further action.
One lawyers specialising in the examination and handling of alleged fraudulent personal injury claims on behalf of insurance companies echoes what is being said by LV and confirms that this experience of their own fraud unit is that some categories of insurance fraud are today reaching epidemic proportions.
Permit there be misunderstanding these, injuries claims fraud is not really a faceless crime; there is a direct link to this rise in fraud perpetrated just by dishonest people and the extra you have to pay out of your pocket and if we cite one example from LV then you are now one hundred pounds per annum worse off due to the increase in car insurance costs.
Martin Milliner, LV technical claims director, said: Legitimate cases of injuries where another person or company may be to blame are certainly an underlying cause for recompense. However, owners who concoct or exaggerate their injuries to generate a claim not only break the law but also push up the money necessary car insurance premiums for all motorists. People support all solicitors to carry on to apply thorough questioning to anyone claiming a personal injury, and also to investigate very carefully any concerns they have about the dependability associated with any claim.
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