ABI appeals to MoJ to cut consumer legal costs
The Association of British Insurers (ABI) has called for reform of Britain’s civil litigation system, after claiming that millions of consumers are losing out as a result of the high legal costs involved in dealing with personal injury claims.
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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