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 Glossary   >   M   >   "Motor Insurers" Bureau" Definition   

        Motor Insurers" Bureau

The Motor Insurers" Bureau is a body funded by motor insurance companies, which deals with claims for injury compensation when the driver at fault is not insured, or cannot be traced.

An organisation formed in 1946 which provides a means of compensating victims of road accidents caused by uninsured or untraceable drivers.People who are the victims of accidents caused by uninsured motorists may claim for bodily injury and property damage. People who are the victims of accidents caused by untraced motorists may claim for bodily injury only. The effective cost to the motor policy holder is currently around 1.5% of the premium paid.

Motor Insurers" Bureau


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Motor Insurers" Bureau - The Motor Insurers" Bureau is a body funded by motor insurance companies, which deals with claims for injury compensation when the driver at fault is not insured, or cannot be traced.

An organisation formed in 1946 which provides a means of compensating victims of road accidents caused by uninsured or untraceable drivers.People who are the victims of accidents caused by uninsured motorists may claim for bodily injury and property damage. People who are the victims of accidents caused by untraced motorists may claim for bodily injury only. The effective cost to the motor policy holder is currently around 1.5% of the premium paid.


Motor Insurers" Bureau : the motor insurers" bureau is a body funded by motor insurance companies, which deals with claims for injury compensation when the driver at fault is not insured, or cannot be traced.

an organisation formed in 1946 which provides a means of compensating victims of road accidents caused by uninsured or untraceable drivers.people who are the victims of accidents caused by uninsured motorists may claim for bodily injury and property damage. people who are the victims of accidents caused by untraced motorists may claim for bodily injury only. the effective cost to the motor policy holder is currently around 1.5% of the premium paid.