As a result, average payouts are expected to rise by about 20% under new rules. What this means is that there are inefficiencies within the firm or industry resulting in rising average costs. Going on the bank's own figures this will result in an average charge of €50 a year for these...
Accidents are on the rise:The number and severity of collisions have gone up, according tothe Insurance Institute for Highway Safety, including fatal crashes. That means larger payouts from insurers, who then charge customers higher premiums. How your rates are calculated Many different factorsplay ...
Although the payouts for personal injury claims tend to vary greatly, the average tends to fall between $3,000 and $75,000. In your own personal case, the payout will depend on several factors such as the amount of damage to your property, how much medical treatment you have needed and ...