Increase in Claims Drives Up Insurance Premiums

Increase in Claims Drives Up Insurance PremiumsAn increase in litigation, fraud and personal injury claims is expected to drive up the costs of motorists insurance premiums, according to the latest market research.

Last year one major insurer saw a 20% increase in the number of drivers making false or exaggerated claims on motor cover in a bid to try to improve their financial situation.  Younger motorists have been most affected by price hikes.

With a new and growing breed of litigation-savvy motorists many insurers are set for these price hikes.

Frenkels Forensics have a wealth of experience in dealing with the financial aspects personal injury claims, acting for both Claimants and Defendants.  To find out more about our forensic accounting services including please contact John Frenkel or Vitek Frenkel on 020 8457 2929.

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