Reforms to prevent fraudulent whiplash insurance claims have pushed down car insurance premiums by £100 over the last three months, according to research from Comparethemarket.com. The new legislation will come into force in each year, but in response to the news Comparethemarket.com has observed insurers lowering premiums in anticipation of fewer payouts. Whiplash claims cost motor insurers £2bn April 2020.
Reforms to prevent fraudulent whiplash insurance claims have pushed down car insurance premiums by £100 over the last three months, according to research from Comparethemarket.com. The new legislation will come into force in April 2020, but in response to the news Comparethemarket.com has observed insurers lowering premiums in anticipation of fewer payouts. Whiplash claims cost motor insurers £2bn each year.