Untraced Drivers Agreement: Understanding MIB
Car accidents can be a stressful and overwhelming experience, especially if the other driver flees the scene. Even if you are unable to identify the at-fault driver, you may still be able to seek compensation for damages and injuries sustained through the Motor Insurers` Bureau (MIB) and their Untraced Drivers Agreement.
What is the MIB and Untraced Drivers Agreement?
The MIB is a non-profit organization established to compensate victims of road accidents caused by uninsured or untraced drivers who cannot meet the damages claims. The Untraced Drivers Agreement is a scheme that covers accidents involving unknown or untraced drivers. This agreement is designed to provide a safety net for victims who cannot identify the driver responsible for the accident.
How does the Untraced Drivers Agreement work?
The Untraced Drivers Agreement provides compensation to victims if the accident involves a vehicle that cannot be identified or the driver responsible for the accident has fled the scene and cannot be traced. However, it is essential to note that the agreement applies only to cases where the accident occurred in the UK or the Isle of Man.
To be eligible for compensation under this scheme, the victim must meet specific criteria set out by the MIB. Firstly, it must be established that every reasonable effort has been made to identity the other person and that the victim has reported the accident to the police within five days. Secondly, the victim must provide evidence that they have suffered financial loss or injury as a result of the accident.
What compensation is available?
The compensation available under the Untraced Drivers Agreement may include:
1. Vehicle damage: The MIB will compensate for damage to your vehicle if you can provide evidence that the damage was caused by an untraced driver.
2. Personal injury compensation: If you have suffered injury due to an untraced driver, the MIB will provide compensation for your pain, suffering, and loss of earnings.
3. Rehabilitation and treatment costs: The MIB will cover the costs of medical treatment and rehabilitation necessary to aid in your recovery.
4. Legal fees: The MIB will cover the legal fees incurred when making a claim through the Untraced Drivers Agreement.
Conclusion
Being involved in an accident with an untraced driver can be a stressful and frustrating experience. However, the MIB`s Untraced Drivers Agreement provides compensation and support to victims who have been involved in such accidents. If you have been involved in an accident with an untraced driver, it is essential to report the incident to the police immediately and seek legal advice from a qualified solicitor. They can help guide you through the process of making a claim and ensure that you receive the full compensation you are entitled to.
