Tag Archives: Motor Insurance Claims Payouts
Claims Payouts Reach Record Level
Last year, motor insurers paid out £9.9 billion to meet claims made by motorists. This was the highest amount paid out since that organization started to maintain records in 2013. The previous year, payouts amounted to £8.4 billion with this being an increase of 18% in comparison to 2023. The total number of claims that were paid out in 2023 … Continue reading