Posted by Nigel on January 5, 2009
Claims Against Uninsured Motorists
Great news from Chris Lodge at Recovery First.
Until the 8th November 2008, if your vehicle was damaged by an uninsured motorist and you made a claim against the Motor Insurers Bureau, a £300.00 “deductible” applied against non-injury related losses.
This meant that in real terms, you could not claim the first £300.00 of your claim so if you were a claiming only a policy excess of £500.00, you would only receive £200.00 and if your claim was worth only £250.00, this fell below the threshhold so you were unable to apply to the Bureau at all.
The good news is that the deductible has been been abolished but only in regard to accidents occurring after the 7th November 2008.
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