Monday, February 05, 2007
Motor Insurers Bureau Compensation Claims
It's a fairly common practice, claiming compensation from the another drivers insurance company in the event of a route traffic incident. However, if the driver whom you had the accident with had left the scene and subsequently cannot be follow - then what? Also, what can you do if the other driver doesn't have got insurance?
Well thankfully, you may still be able to make a claim compensation from the United Kingdom Motor Insurers Bureau.
Claims going through the United Kingdom Motor Insurers Agency is similar to making a normal claim. Your lawsuit volition be reviewed by the opinion judge and a determination is then made in sees to liability and how much compensation you should be awarded which will be paid by the United Kingdom Motor Insurers Bureau.
MIB was established in 1946 as a private company limited by warrant for the intent of entering into Agreements with the Government to counterbalance the victims of negligent uninsured and untraced motorists. Every insurance company underwriting mandatory motor insurance is obliged, by virtuousness of the Road Traffic Act 1988, to be a member of MIB and to lend to its funding
The MIB can give compensation to person who is involved in a motor accident caused by an uninsured driver or untraced driver. If the driver was uninsured, the MIB can pay compensation for personal injury or death and/or damage to property. If the driver have not been traced, the MIB will see claims for damage to personal property providing the vehicle can be identified.
Normally, the United Kingdom Motor Insurers Agency will do a payment for both your vehicle and any personal injury suffered by yourself. This may also cover loss of earnings and medical expenses, pain, hurt and agony - all covered by the United Kingdom Motor Insurers Bureau
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