Business & Finance Business Insurance

Make Sure You Are Properly Compensated With Personal Injury Claims

Being involved in any car accident is a bad enough experience but when injury is also involved it becomes a cauldron of emotions over the following period of time. In the U.K. more than a quarter of a million people are injured in road accidents including commercial vehicles, motor bikes, pedestrians and cyclists.

Of these injuries there are approximately two and a half thousand deaths and thirty to forty thousand serious injuries. There is more than a seventy per cent chance that the driver of a car injured in an accident is likely to be the breadwinner in the family and so it is not only a direct painful problem for that person but also for his family or dependents. In all these cases personal injury claims will have to be put in motion.

If the accident is that of a third party then the claimant is automatically entitled to compensation not only for the injury but also for any loss of earnings. These can be substantial depending on the severity of the injury and sometimes these personal injury claims will go all the way to high court although more often than not they all become settled out of court at the last minute.

If the driver is responsible for the accident he is not entitled to compensation for his injuries although any other person in the car is entitled to claim against the driver's insurers. This point is often lost on the injured passenger who may be a close friend or relative of the driver and therefore reluctant to make a claim. These people have to realise that it is not a personal matter and their claim is not against the driver but is a straightforward business between the claimant and the Insurance companies.

Not far short of a billion pounds every month is paid out to injury claimants in the U.K. alone. This is just the injuries pay-out and does not include all the other costs of vehicle loss or damage and other related claims. For instance, a car involved in an accident which mounts the pavement and knocks over a street lamp or damage a shop window will be responsible for that repair and replacement.

If revenue from oil was not such a big deal in Western countries we could all be travelling on sophisticated smart trains with a spectacularly efficient sub structure of electric buses both big for long journeys and small for short. There would be no petrol driven cars on the roads and environmentally we would all hugely benefit. This could all be achieved within a couple of years with the revenue the government gets from oil.

Unfortunately the story was exactly the same with flat screen television technology. When they were first built twenty years ago someone discovered that the economy of whole countries and in particular most of the Far East would collapse as they relied on their income from making the hundreds of components in the old tube television. The flat screen was quietly shelved for a decade to allow a more gradual transference of income.
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