personal injury allocation

RED1

In 2013 I was involved in a minor collision when a car ran into the back of mine at a junction. I was not at fault and the other party insurer paid for repairs to my car. My injuries were also minor - whiplash type.

Recently I've had a few calls from companies telling me that a cash sum has been allocated to me by the third party insurer for personal injury/loss and that I am entitled to claim this. Is anyone able to advise on this?

I'm in Scotland where the law on this may be slightly different.

cheers

Iain

RS2000.

There isn't any money allocated to you.

These are sales agents for solicitors operating in a dubious way.

Claim if you want, you'll probably win but if you have genuine injuries worthy of compensation you'd have already instructed someone if you're fully recovered.

ManAtHome

Fishing expedition - I've had several similar calls, but spookily enough, no accidents (maybe I'm due one next year and it's Mystic Meg on the phone...)

DUTR

RED1 wrote: »

In 2013 I was involved in a minor collision when a car ran into the back of mine at a junction. I was not at fault and the other party insurer paid for repairs to my car. My injuries were also minor - whiplash type.

Recently I've had a few calls from companies telling me that a cash sum has been allocated to me by the third party insurer for personal injury/loss and that I am entitled to claim this. Is anyone able to advise on this?

I'm in Scotland where the law on this may be slightly different.

cheers

Iain

As RS2000 says, they are random phishing calls, did they address you by name?
Did they tell you the date of the accident?

wiltsguy_2

i get at least one phone call or SMS per week saying£2750 has been put by for you.....blah blah.

I havent had an accident for many many years...just trying to hook you

RED1

DUTR wrote: »

As RS2000 says, they are random phishing calls, did they address you by name?
Did they tell you the date of the accident?

yes they know the rough date and my name saying the file has been released by my insurer?

InsideInsurance

Insurers have to hold reserves to pay the liabilities they have under the insurance they write.

When a claim is notified to the insurer they will place a reserve on the case of what they estimate the claim will cost them. Initially this may be a standard ball park but as information comes in (estimates, solicitors letters etc) the number is adjusted, similarly as you start paying out on the claim you reduce the reserve downwards.

In addition to the cases you know about you also have Incurred But Not Reported (IBNR) where the accident has happened but the insurer doesnt know about it yet. Plus you also have IBNER (not enough reported) so where the insured says they hit a car but failed to mention they pushed the car into another one. As the insurer doesnt actually know about either of these it is the Actuaries that calculate these figures and naturally the numbers are held centrally rather than against individual policies - after all you dont know which have incurred them yet.


As others have said, this is pure fishing based on a tiny bit of reality that insurers do hold money to pay claims they dont know about yet but its not in your name, its not going to pay for the champagne at the Xmas bash for the directors if you dont claim it (heard that one once, they went silent when I said I was going to the directors bash this year) or anything else.

In all probability these guys have no idea if you've even been in an accident and are simply randomly calling people about "their accident" and use similar techniques to clairvoyants in using intentionally vague phrasing so you add the detail which they then replay to you. I like others get the calls daily and I've had no accidents in the last 3 years and the only accident in the last decade was me pulling infront of a police car with its blue lights on so certainly not one where I can sue anyone

InsideInsurance

RED1 wrote: »

yes they know the rough date and my name saying the file has been released by my insurer?

More likely the company that repaired the car, or the hire car company if you had a hire car.

In reality anyone can sell your details for money as its a fairly lucrative business. Even NHS Drs were getting cash from these companies until that was clamped down

DUTR

RED1 wrote: »

yes they know the rough date and my name saying the file has been released by my insurer?

The rough date would have to be in the last 3 years, they should have the exact date, some are even cute, they ask if you are happy with the repairs etc and then drop the line that you can claim, basically they get £750 for a referral, you have to go through a whole heap of questionairres appointments and possibly court, all they do is line you up with a no win no fee outfit, I went through one once it took about 12 months (this wasn't from a random call), I wouldn't bother again for a minor accident but it's up to you.

Hoof_Hearted

If you renewed your insurance recently and used a comparison site, it may have come from there, if you declared your accident. They pass on the information to ambulance chasers.

RED1

Hoof_Hearted wrote: »

If you renewed your insurance recently and used a comparison site, it may have come from there, if you declared your accident. They pass on the information to ambulance chasers.

Yes I think it stems from this. It was shortly after i used a comparison site that the calls started coming through. Rather than bother with the cold callers I might just get onto a no win no fee company myself and ask them to take things up.........

thanks for comments so far