Brits missing out as almost £1.5bn of personal injury compensation is unclaimed
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Almost £1.5 billion of personal injury compensation from last year remains unclaimed, say new research.
And new data suggests stigma around compensation culture has contributed to a downturn in legitimate claims following the Covid pandemic.
National Accident Helpline calculates that at least £1.4 billion remains unclaimed in 2022 from no-fault accidents.
According to their survey half of those who suffered a no-fault accident in the last three years have not made a claim (50 percent).
A similar number say they fear the claims process takes too long (48%) while 42% worry about the consequences of making a claim.
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A quarter of those who could have made a claim (24.60%) say they had ‘no idea’ they were entitled to compensation.
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A similar number of people, 24.21%, did not pursue a claim because they thought the ‘process felt too complicated’.
Other reasons for not claiming were ‘the cost of making a claim’ (22.62%), ‘being seen as a time waster’ (19.44%) and ‘worried the process would take too long’ (17.06%).
Helpline managing director Will Herbertson, Managing Director, said: “Even though economic activity and road usage has broadly returned to pre-pandemic levels, the number of claims for personal injury has not.
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“People should be reassured that if they suffer an accident which was not their fault, help is available.
The majority of personal injury claims are brought using a no win no fee agreement, or legal expenses insurance – so there is no cost to the claimant if a claim is unsuccessful.”
Jonathan White, Legal and Compliance Director said: “No-one should worry about bringing a legitimate claim for compensation after an accident.
"Compensation exists to help people rebuild their lives.
“Making a legitimate claim after an accident which is not your fault is entirely appropriate.”
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