07/03/2019
Take the example of a lorry, recently fitted with all-round connected cameras by ICanProve.IT (as explained by Nerys Parry from top-50 law firm, Keoghs): “Our client’s vehicle proceeded correctly along an A-road when a third party, driving in the opposite direction, came around a bend, encroaching into our client’s lane. This resulted in a heavy impact. The other driver suffered serious head injuries and needed to be airlifted to hospital. The video footage clearly exonerated our driver from any liability.”
A nasty collision, and unavoidable by our driver. It also serves as a great example for understanding the financial impact of having video footage and telematics data instantly available. Insurers and the companies they protect need to make provision against any unresolved claim – and this has a tangible financial impact. “Without the footage, the insurers would most likely have placed a minimum £1,000,000 provision against the claim, due to the level of injuries sustained. That would have remained until all parties were satisfied that liability had been determined. The impact of a provision of that size would have factored in premium negotiations at renewal also.”
More than this, without footage from cameras, guilt may have been assumed. Too often, drivers are penalised for accidents that weren't their fault. Read more about the case for cameras on vehicles here:
Insurance experts claim savings of between £500 and £1900 with every successful intervention case. These savings are made more readily available with good clear video evidence.