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 Wheels's Shiela, 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.
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.