Don’t be the loser if the accident is not your fault.
More than a third of motorists have been left out of pocket following an accident that wasn’t their fault. New research from the RAC opinion panel showed that 36% of drivers surveyed had said they were left financially worse off following an accident.
This 36% is made up of those who said they still had to pay their insurance policy excess (21%) and those who said they had to fork out for travel expenses, such as a hire car, as a result of theirs being off the road or written-off (8%). 4% of drivers surveyed said they had suffered a loss of earnings and 3% had to cover the cost of making a personal injury compensation claim.
Being a victim can be costly:
Of those who had to pay their excesses, the average amount paid was £215, with some paying as much as £349. Those who had incurred travel expenses after their collisions on average had to pay £588. Those who had to fund their own personal injury compensation claims paid over an average of £2,036, but the highest uninsured losses figure recorded was for loss of earnings at £3,091.
RAC Legal Services general manager, Paul Evans, said: “Many people believe that the at-fault party’s insurer will cover all the costs following a collision. This is not the case as even in the best scenarios, drivers still have to pay their excesses which could easily be £150 or more. Add into that travel expenses, loss of earnings and the cost of making a personal injury compensation claim and it must surely be wise to make sure you have cover.”
A sensible and affordable option:
The average cost of motor legal expenses insurance is £30.00. So, the policy available from Diamond Insurance Consultants @ £22.50 is a bargain, without cutting any corners. This is an add-on to standard motor insurance which really does make sense.
Many would think that your own insurer ought to help. To be fair, many do. However, under the legal contract between you and your insurer, all that they are responsible for is your vehicle less any policy excess. That excess and any other expenses are “uninsured losses”. This is where the motor legal expenses cover comes into effect.