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Help if you are damaged by an
uninsured driver - Uninsured Loss Recovery
The Motor Insurers Bureau or MIB
Set up in 1946 after the Cassel report, the MIB consisting
of all the major Car Insurance Companies, entered into an
agreement with the Government (Ministry of Transport) whereby
it undertook to satisfy judgements in respect of personal
claims injuries made to third parties under the compulsory
car insurance provisions of the Road Traffic Act -
where no car insurance policy was in force.
See
also Denial of Liability
This is called the Principle Agreement. In addition each individual
Car Insurance Company has undertaken under a 'Domestic Agreement'
contriolled by the Motor Insurance bureau - that where at
the time of the accident a car insurance policy was in force,
it will deal with the claim as 'Insurer Concerned'
This means that third party claim payments are always paid,
notwithstanding that a policyholder may have been in breach
of a car insurance policy condition at the time of the car
accident . As Insurer concerned the Car Insurance company
carries the loss and are not reimbursed by the Motor Insurers
Bureau although they have a right of recovery against the
uninsured driver himself.
Consequently the MIB only deals with cases where
car insurance was never issued or cannot be verified, or where
a non-member fails to meet it's 'obligations'.
The MIB is funded by a levy on the Car Insurance companies,
and also has a right to pursue uninsured motorist for it's
losses
In 1969 the MIB entered into the Compensation of Victims of
Untraced Drivers Agreement to bring the victims of untraced
drivers into the scheme.The MIB accepts such claims but does
charge an excess. It does not accept property damage claims
regarding untraced drivers.
Membership of the MIB became compulsory for all Car Insurance
Companies under the Road
Traffic Act of 1974
You can visit the MIB
In 2001 the MIB became responsible for
the establishment of the Motor
Insurance Database
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