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The MIB roll out the Fast Track Understanding scheme
to more solicitors - 7th December 2007
The Motor Insurers Bureau (MIB) have over the
years proved themselves to be an important part of the
UK's motoring infrastructure.
The MIB is an organisation
that is funded by the insurance
companies in the UK, who all pay
a levy (from insurance premiums)
which contributes towards a
compensation fund.
The MIB has the job of
deciding on compensation awards
for injured motorists who have
been involved in
accidents with uninsured drivers
or an
untraced (hit and run) driver.
Because of the sheer volume of
accidents that they deal with,
the MIB claims system has
suffered from huge backlogs and
this has led to much frustration
for both solicitors and genuine
claimants who have to wait for
long periods before anything
decisive happens on their case.
As a result of various meetings
and discussions that have been
taking place with the MIB, the
Motor Accident Solicitors
Society (MASS) have devised a
scheme that will help to
accelerate the claims process.
Up to now the scheme has only
been available to MASS members
but any car accident specialist
law firm can apply to the MIB
for inclusion into the scheme.
The MIB have taken a very
pragmatic approach in looking at
ways to reduce claim processing
delays and have put together the
"Fast Track Understanding" which
is an agreement that outlines a
more accelerated method of
dealing with straightforward
road accident claims.
This
"Understanding" is intended to
cover claims handled in house by
the MIB where liability appears
to be clear. Rear end shunts,
side road collision, accidents
with parked vehicles will all
come under the category of claim
that can be covered by the
scheme MIB Fast Track cases
where quantum (value) of injury
and property damages are under
£10,000 will be subject to the
agreement.
The usual RTA
predictable fee system will be
in place to deal with legal
costs Where an offer for injury
compensation is less than £1000,
costs are met on the basis of
£275 +VAT + agreed
disbursements.
This does not
apply to Property Damage only
cases. The scheme also
incorporates physiotherapy for
those claimants that need hands
on treatment, particularly when
dealing with
whiplash claims.
The
agreement only applies to
accidents after 6 Oct03
Pedal cycle accident claims
and
motorcycle claims also come
under the scheme as do those
cases involving
pedestrians. Multi-claimant
cases will be considered only in
circumstances where all claims
comply with the criteria defined
in this section Cases subject to
the jurisdiction of England and
Wales only - although claims in
Scotland are due to be
introduced shortly.
CALL 0800 0322210 - or if
preferred contact our discreet ONLINE CHAT LINE - or
complete our enquiry form opposite.
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