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The Times RE: Cost of car insurance to increase by 8%

21 Apr 2017
APIL news

The Times RE: Cost of car insurance to increase by 8%


We should remember that it is the responsibility of insurance companies to set their premiums. It is for them to decide who is to pay for years of mismanagement - hard-hit motorists or insurance company shareholders.

For many years the compensation paid by liable insurers has failed to meet the needs of severely injured people, including disabled children who need support for the rest of their lives. This is because the discount applied to offset the interest the payments are assumed to earn has not reflected the economic environment. Meanwhile, insurers have enjoyed a windfall in unpaid damages.

A change in the discount rate was long overdue. The backlash has been little short of hysterical. It is scandalous to suggest that people with life-changing injuries should continue to struggle on inadequate compensation just to make sure insurance companies don’t put up everyone else’s premiums.

Neil Sugarman


Association of Personal Injury Lawyers (APIL)

Past letters to the press

Regional letter - Health and safety should be celebrated, not watered down, 22 Mar 2018
Re: Many NHS victims should settle for an apology - The Times (5 February), 05 Feb 2018
Re: Bruising is the new whiplash - Daily Telegraph (24 January), 24 Jan 2018
RE: Whiplash and tax hikes blamed as car insurance rises by £100 in 3 years - Daily Mail (24 January), 24 Jan 2018
Re: Getting a grip on gritting could spare us a season of broken bones, 20 Dec 2017
RE: Compo culture - The News (Portsmouth) 14 December, 15 Dec 2017
RE: Telegraph article '£43,000 payout for playground splinter' (27 November), 28 Nov 2017
Regional newspapers - Legal aid for bereaved families, 21 Nov 2017

More past letters to the press

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