ABI appeals to MoJ to cut consumer legal costs

THREE PAIRS OF SCISSORS

In its response to the Ministry of Justice consultation on civil litigation costs, the ABI highlighted that: UK consumers are paying the legal profession £2.7m through their motor insurance premiums.

It also pointed out that an estimated 10% of every motor premium goes to the lawyers equating to an extra £41 a year on the cost of every motor insurance policy and for every £1 paid in compensation to motor accident victims, an additional 87p is paid out in legal costs.

Nick Starling, ABI's

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