If you have been keeping up with the news you may heave heard that the government plan on scrapping referral fees for injury claims. This is where companies pass on your details to the so called injury claims lawyers and pester you into taking out a personal injury claim. These injury claims have been the reason that car insurance premiums have risen 40% over the last 12 months pricing many young drivers off the road.
However the ban is not in fact a complete ban on referral fee injury claims happening but instead just stopping certain organisations passing on motorists details in return for a cash payment. The reason for the crackdown is the belief that it will take the pressure off rising car insurance premiums. At the moment all these extra personal injury claims are being paid for indirectly by the motorist. This means that every time people make a claim it forces the insurers to increase the cost of their policies.
If you have tried to get a daily car insurance premium you will have noticed that the level of quotes has risen in line with all other types of car insurance. Over the last few years the rise in spurious claims and the crash for cash claims where drivers purposefully brake unexpectedly in order to get the unsuspecting driver behind them to shunt them in order to be able to make these fake personal injury claims.
The current ban, if it takes effect, will unlikely have much affect on the current compensation culture. There is now a whole industry set up around these types of claims and lawyers who only do these types of claim. Only when the institutional claim culture is addressed will there be any let up in the current year on year insurance rises. Only then will under 21 daily car insurance be more widely available and at a much more realistic premium level for young drivers.
There are ways that you can reduce the cost of getting insured and in particular reduce the cost of a daily policy. There is a little known way that enables you to potentially get up to a third discount on your car insurance. There are also a number of other ways that can all add up to reducing the cost of your premiums and get a better deal on a discounted daily car insurance policy.
If you are trying to get a cheaper short term policy then why not consider something a little longer term rather than just getting cover for a few days. It will generally be more cost effective getting a monthly pay as you go policy. It is worth getting a quote for both daily and monthly policies to see what works out cheaper for the period of time that you are looking to get insured for.
Under 25 Insurance
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