car accident scene

ACSO comments on review of whiplash tariff

Posted on Fri, 09/02/2024

Commenting on the government's statutory review of the whiplash tariff it introduced in 2021, Matthew Maxwell Scott, Executive Director of the Association of Consumer Support Organisations (ACSO), said:

"The statutory review comes after a long period of high inflation, and given that the tariff was set at a very low level to begin with, we would expect to see a substantial uplift.

 "This is only one element of the scrutiny the whiplash reforms are currently under, with the Financial Conduct Authority and the Justice Select Committee conducting enquiries and many eyes fixed on what the Supreme Court makes of the insurers' mixed-injury appeal it's hearing later this month.

"With claims numbers well down on pre-reform levels but average insurance premiums going through the roof, there are many serious questions which need to be asked about the motivation of the original reforms and whether they were ever in the consumer interest."