Comparing the impact of the New Personal Injury Guidelines in Ireland Over Three Years
Ireland has seen a systemic shift in pay-outs associated with personal injury claims over the last few years. This shift is a direct result of the PIAB moving away from the Book of Quantum – the former personal injury pay-outs guidelines – to a new set of rules.
While the judicial Court accepted these new guidelines in April 2020, 2021 was the first 12-month period where these guidelines were in force.
Therefore we have compared Personal Injury Solicitor Dublin pay-outs from 2021 to pay-outs from 2019 – the last 12-month period where the book of quantum was in force. We’ve compiled this data into the below easy-to-understand infographic.
Impact of the New Personal Injury Guidelines in Ireland Over Three Years
In 2021, Ireland introduced new personal injury guidelines aimed at creating more consistency and transparency in compensation claims. As we look back over the past three years, it’s clear that these guidelines have significantly transformed the landscape of personal injury law in Ireland.
Streamlined Processes
One of the most notable impacts of the new guidelines has been the streamlining of the claims process. The guidelines provide a clearer framework for assessing injuries, which has reduced ambiguity in compensation amounts. This has not only benefited claimants by providing more predictable outcomes but has also eased the burden on the courts, leading to quicker resolutions.
Increased Fairness and Transparency
The guidelines have fostered a more equitable environment for both claimants and defendants. By establishing standardised amounts for various injuries, the guidelines aim to eliminate the disparities that often existed in compensation awards. This increased transparency has helped build trust in the personal injury system, allowing individuals to feel more confident in pursuing legitimate claims.
A Shift in Insurance Premiums
Insurance companies have responded to the new guidelines by adjusting their policies and premiums. Initially, there was a concern that the changes would lead to increased insurance costs for drivers and businesses. However, as the guidelines have settled in, many insurers have reported a stabilisation of premiums, providing some relief to consumers.
Looking Ahead
As we move forward, it will be essential to monitor the long-term effects of these guidelines. The evolving landscape of personal injury law in Ireland will continue to adapt, and staying informed about these changes is crucial for both claimants and legal practitioners.
For expert advice on personal injury claims under the new guidelines, contact Personal Injury Solicitor in Dublin today. Your rights and fair compensation matter.
Personal Injury Pay-Outs Infographic
Click on the image to see the full graphic
