What is the cost of the operation of these agreements to the individual motor policy holder?

At the present time, the cost varies between £15-£30 per policy.

However, the cost continues to rise in the light of increasing levels of compensation, legal costs and changes in legislation.

Copyright Notice. The information contained on this Internet site is copyright of MIB, unless stated otherwise, but may be reproduced without formal permission or charge for personal or in-house use.

Other Pages In This Section

Frequently Asked Questions
What about damage or injury caused by "hit & run" motorists?
How can I obtain free legal expense cover?
What is the position if injury or damage is caused by stolen vehicle?
Are there any special MIB rules about a claimant's no-claim discount?
What is MIB's position where the victim has other sources of compensation available?
Can owners of, or passsengers in, uninsured vehicles claim?
Is there any limit to such compensation?
How much compensation does MIB pay?
How is MIB funded?
How does MIB function?
Why was MIB formed?
What is the UK Guarantee Fund?

Accessibility Policy

Terms And Conditions

This page was last updated on
30 May 2007