Most insurers now offer additional services/products that compliment a car insurance policy such as Breakdown Cover, Protected No Claims Discount or Uninsured Loss Recovery cover.
They are all lucrative for insurers (a bit like travel insurance is for holiday travel companies), but they all have a place, and for some, can prove invaluable!
On this occasion, I will discuss Uninsured Loss Recovery.
What is Uninsured Loss Recovery?
In short, it is best defined as the means to recover losses arising out of a road traffic accident which the claimant is unable to recover from their own insurance policy.
What is an Uninsured Loss?
• A Policy Excess
• Alternative Car Hire charges whilst your own is in for repair or until your claim is settled if your car is considered uneconomical for repair (a write off!)
• Additional travel and accommodation costs
• Medical costs
• Loss of Income
• Compensation for Personal Injury
UK Law permits a person who was not to blame for an accident to claim against the third party believed to have caused the accident.
Sometimes, if the person responsible for the accident accepts liability, the claim may seem straightforward but there is always a chance they may change their mind later and deny causing the accident.
There are of course, many legal offices now offering to take on cases for people that have not purchased an Uninsured Loss Recovery policy on a “no win, no fee” basis, but you will have to take the time to visit their offices, explain your case and the circumstances before they will decide whether they will take your case on. If they don’t consider there is much possibility of winning the case, they will probably turn it down!
Consider These:| Are you looking for Weddings Paphos |
| Server Disaster Recovery available online! |
| Server Support Bristol at great prices. |
| Holiday cottages available here |
| Data Recovery. |