It has been estimated there are over 1 million uninsured drivers in the UK today.
Many of them are driving totally illegally, with no driving documents at all. They are the reason people who do drive legally have such high insurance premiums – all motor insurance companies have to pay premiums to a special MIB fund. This money is used to compensate the victims of uninsured drivers, and also pay the victim’s legal fees if the guilty party (provided they are present) is unable to.
“No win no fee” agreements are common in injury compensation claims. This means that, if the claim is unsuccessful, the client will not have to pay any legal costs. Things get complicated, however, if the accident is a “hit and run” case. Under the MIB Untraced Drivers Agreement, injury lawyers can still claim personal injury compensation. However, in these cases the MIB will not cover full legal costs.
Again, injury lawyers use “no win no fee” agreements to get round this. If the claim is unsuccessful, the client pays nothing. If they are awarded injury compensation, the legal costs are taken from this.
For more on 'no win no fee' compensation, contact InjuryLawyers4u.co.uk
