Despite a 60% drop in accidents that result in injury, third-party personal injury claims account for 49% of Aviva's car insurance companies' claims spend, and 38% at the Co-operative, Esure, and Shiela's Wheels, according to Which? research. Most of the rise in premiums is attributed to fraudulent injury claims. The number of people who have been injured by their own vehicles has risen from around 500,000 per year before the recession to more than two million last year.
Despite a 60% drop in accidents that result in injury, third-party personal injury claims account for 49% of Aviva's car insurance companies' claims spend, and 38% at the Co-operative, Esure, and Shiela's Wheels, according to Which? research. Most of the rise in premiums is attributed to fraudulent injury claims. The research found that 73% of premiums is spent on paying claims, 23% on overheads, and 2% is profit.