How Much For a Whiplash Claim? – The whiplash compensation market and how it’s changed in the last five years.
The UK personal injury market was transformed in 2021 with the arrival of the whiplash reform programme. This was designed to combat issues surrounding the credibility of whiplash claims and escalating insurance premiums.
What was the thinking behind this?
The purpose of the reforms was to address issues for the general motorist. Some claimants were exploiting the market with fraudulent claims leading to inflated compensation payouts and, in turn, inflated payouts from insurance providers. This would hike up premiums when considering ‘How much for a whiplash claim?’.
Another objective was to streamline the legal proceedings, reducing the time and length of lengthy legal battles.
Impact of the reforms
The reforms have brought a degree of clarity to the process. Claimants now better understand what their payment figure is likely to be with fixed compensation tariffs in play.
Online claimant portals have also helped to simplify the process, allowing people to subtract claims directly and, where appropriate, without the need for legal representation.
How much for a whiplash claim?
There is no definite answer here, and your entitlement may depend on a variety of factors. Ultimately, compensation exists to cover the pain and suffering you may have experienced and to reimburse you for any expenses as a result of the accident. Some things to consider are:
- The severity of your pain and injuries.
- The impact the injury has had on your quality of life. Has it affected your ability to complete day-to-day activities?
- The length of your symptoms.
- Compensation for medical expenses.
- Loss of earnings.
- Emotional and mental trauma.
In short, whiplash compensation claims can range anywhere from hundreds of pounds to hundreds of thousands.
If you have any further questions about the whiplash compensation process, get in touch with Watermans today. Our experienced team of personal injury solicitors are always happy to help.