Prime Minister David Cameron is planning to confront representatives of various car insurance providers, in an attempt to address the rocketing premiums faced by UK motorists.

Bloomberg reports that the PM will discuss the abundance of lawsuits, which has led many to adopt the term ‘compensation culture’. The nation’s plethora of weak claims for injury is having a direct effect on car insurance premiums, with companies claiming that the rise in compensation payouts has to be funded by price increases.

This has been considered more than a little dubious; many have highlighted the fact that car insurance companies receive payments directly from law firms, in exchange for the details of motorists who have been in an accident.

Bloomberg’s report states that the average cost of car insurance rose by 17% last year, to £410, whilst the average young male motorist pays out close to £3,000. The average young female driver pays out just over £1,500 and the Association of British Insurers has said that record claims for whiplash are adding almost £100 to each premium.

David Cameron is expected to pledge a reduction in whiplash claims, through requests for greater medical evidence, and lawyers’ fees for personal injury claims are expected to be forcibly decreased.

Drivers often fare better when they compare car insurance, and shop around for other key motoring services such as breakdown cover.

Image: The Guardian