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You may lose your no claims
bonus until the money is actually recovered.
You may have third party fire
and theft or third party only cover. In which
case your insurers will not be willing to assist
you with your vehicle claim. You will be forced
to make your claim directly against the other
party. Unfortunately it may be very
difficult to have a solicitor act on your behalf
if you are seeking property only damage.
The reason for this is that
your solicitors can only recover their legal
costs on property claims that exceed £5000. This
is the current “small claims” limit in England &
Wales.
WE THEREFORE CANNOT TAKE ON ANY CASE
THAT HAS A MONETARY VALUE OF LESS THAN £5000 AND
WILL NOT BE ABLE TO INTERVENE UNLESS YOU CAN
DEMONSTRATE THAT YOUR CLAIM HAS SUCH A VALUE.
Motoring news or
motoring safety tips
Read further information about
Road Accident Claims on our main
compensation website the CLAIMS CONNECTION. Also
see our News archive for
2007
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