How much does it cost to make a personal injury claim? This is one of the most asked questions we get from our readers, so let’s answer the question below.
The cost of making a claim will depend on the route you decide to take, such as using a solicitor or a claims management company. These days over 80% of applications can be made on a ‘No Win No Fee’ basis.
You might question whether there would be a catch to this great option, but really, there’s no catch. You only pay a fee if the claim is successful but remember not all companies operate on a ‘No Win No Fee’ basis.
The downside to the Solicitors and Claims Management Companies that operate a ‘No Win No Fee’ basis is that sometimes the fee can add up to 25% of compensation, which is a considerable amount of money that should be rightfully yours.
During our research, we found a small minority of reputable regulated Claims Management Companies that actually allow you to keep 100% of the compensation as all fees are recovered from the guilty parties insurance company.
Is there a time limit to claiming for my personal injury?
Like most of us, the thought of starting a Personal Injury Claim seems a lot of hassle. As long as you choose the right route for you, then your claim will run smoothly. Although there are important points for you to take into consideration before going ahead with your claim, including time limits to make your claim.
Most injury claims have a strict time limit policy for the claim, set out by the Limitation Act 1980. Which would require that court proceedings would have to commence within three years of the date of the injury or accident? Failure to commence a court action within the required time limit would mean that your compensation becomes time-barred or salute barred which may prevent you from claiming the rightful amount of compensation in your Personal Injury Claim.
REMEMBER that this limitation period also covers injuries caused as a result of exposure to harmful substances or the development of a workplace injury such as vibration white finger, or asbestos-related diseases.
We can’t stress enough how vital it is that you seek expert advice as soon as possible. This is to prevent your compensation claim becoming time-barred before you can start proceedings.
If you are like most of our readers and wish to keep 100% of your compensation,allow us to introduce you to reputable Claims Management Companies who fit that criteria, by filling in the quick form below.