Defaqto finds only 21% of fully comp motor policies cover ULR
After analysing 223 comprehensive motor insurance policies, Defaqto has found insurers significantly vary in their approach to uninsured loss recovery (ULR).
Its study found that 21 % of the policies provided ULR cover as a standard feature while 28% don't provide ULR cover at all. Just over half (51%) provided ULR as an optional extra.
Mike Powell, insight analyst for General Insurance at Defaqto said: "Many motor insurance policies offer legal services at an optional extra premium to cover the motorist's legal costs to pursue a claim following an accident.
"It would also cover the provision of a legal helpline or legal assistance to recover any
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