Should I accept an offer from the MIB?

Q. I had a bike accident when I lost control of my Triumph Sprint because some idiot ran me off the road. He left the scene. 

I had whiplash injuries and damage to my kit and bike. I put a claim into the Motor Insurers Bureau as I had read your advice on hit and run drivers in the past and they have now made me an offer of £3000.

How do I know if I should accept it?
Simon Borer, Bristol

A. Well done for getting as far as you have with the MIB. Valuing the claim is a skill that lawyers are best employed to do as a specialist lawyer knows what can and cannot be claimed and how much can be claimed, for example, for certain injuries.

I cannot comment on the correct value of your claim without seeing the medical report and schedule of financial losses.

However, here is the good news for all people who conduct their own claims against the MIB: the MIB will pay a contribution to legal costs.

Whilst in the vast majority of cases this will never cover the real costs incurred by a lawyer if a lawyer handles the claim in its entirety, it will cover the costs of a lawyer assessing the value of the claim and offer made by the MIB and negotiating with the MIB to get an increased offer.

I have never failed to increase the MIB's offer in these circumstances as they (as with insurers) know that unqualified claimants will not know what can be claimed and the value of the claim.

I am always happy to receive instructions to assess the MIB's offers and deal with the MIB to increase that, at no cost to the claimant as the costs contribution will cover this amount of work.

I therefore suggest you send me the offer and papers and I will do what I can at no cost as you will have received legal advice and under the MIB agreement they are bound to pay the costs.