OFT launches third party repair and credit hire investigation

car-crash-cut-out

The government department claimed the probe was prompted by responses to its call for evidence on the facts and reasons behind recent increases in private motor insurance premiums which suggested rates rose 12% between 2009 and 2010 and a further 9% in the first nine months of 2011.

It further claimed that the responses indicated a rise in the costs associated with personal injury claims was a key factor in the increases.

However, it added that the increased cost of third party non-injury claims

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: