Reforms to whiplash payouts helped lower premiums by £100, says Comparethemarket
Reforms to whiplash insurance payouts to stamp out bogus claims have helped push down car insurance premiums by £100 in the last three months, according to the price comparison site Comparethemarket.com.
Whiplash claims cost the motor insurance industry £2bn a year, but new legislation will “ensure spurious or exaggerated whiplash claims are no longer an easy payday,” according to the Ministry of Justice.
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