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    "If you've been injured through no fault of your own you could be entitled to compensation. If you're unsure if you could claim, I recommend you call Accident Advice Helpline."

    Esther Rantzen

    Health and Safety News

    Insurance prices stabilising at long last?

    By David Brown on November 15, 2011

    Insurance prices stabilising at long last?

    The outcry over the rising cost of car insurance may be abating after UK prices over the last quarter were shown to have either dropped or stabilised.

    From July to September, according to AA data, the average price of fully comprehensive cover for a 12 month period dropped by 0.3%. Although in practical terms this only represents a drop in cost of £2, any decline in prices must surely be encouraging.

    The blame for the rise in prices has been laid by some squarely at the door of personal injury lawyers and particularly the practice of paying ‘referral fees’ to third parties that accumulate and disseminate the details of people wishing to make an injury claim after an accident.

    Simon Douglas of the AA said: “The past two years have seen the biggest ever rises in premiums as insurers struggled to close a widening gap between premium income and claims costs […] Something had to give,”

    He sounds a note of caution, however:

    “I believe that this fall is a respite rather than the start of a trend. Premiums are likely to continue rising next year, but at a much more modest rate.”

    Source: BBC News

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    Date Published: November 15, 2011

    Author: David Brown

    Accident Advice Helpline (or AAH) is a trading style of Slater Gordon Solutions Legal Limited. Slater Gordon Solutions Legal Limited is a company registered in England and Wales with registration number 07931918, VAT 142 8192 16, registered office Dempster Building, Atlantic Way, Brunswick Business Park, Liverpool, L3 4UU and is an approved Alternative Business Structure authorised and regulated by the Solicitors Regulation Authority. Authorised and regulated by the Financial Conduct Authority.

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