In the year 1946, the Motor Insurer's Bureau, also known as the MIB was set up in the UK.
This organization was established to ensure that victims who sustained injuries in road traffic accidents caused by uninsured drivers are able to claim compensation.
This organization is funded by the insurers in UK.
It is believed that an estimated £30 from each motor insurance policy goes towards the funding of this organization.
Claiming for compensation through the Motor Insurers Bureau has to be the last resort because they will not compensate for any injuries, accidents or losses if there is an existing legitimate insurance policy.
Before filing an injury claim, the claimant has to ensure that there are no other ways to seek compensation.
Previously, it was quite difficult to find out if a driver was or was not covered by an insurance policy.
Injury lawyers often had to hire private investigators to find out insurance details of a particular driver.
In the case of hit and run accidents, injury lawyers even had to look for ways to track the driver responsible for the accident and find out if there was a legitimate insurance policy in place.
Today, there is a Motor Insurance Database which injury lawyers can refer to if they want to find out insurance details of vehicles in the UK.
For example, if a person has been hurt by an uninsured driver or someone who fails to provide insurance details at the accident scene, the Motor Insurance Database can be used to find out whether the driver is actually uninsured or not.
It also helps injury lawyers establish whether an injury claim will be made against the driver responsible for the accident or through the MIB.
If the driver does not have a valid insurance cover, an injury claim will be made through the MIB who will then compensate the injured party for his losses.
But, the Motor Insurers Bureau has its own rules.
Making a claim for an accident involving uninsured drivers can be quite difficult and the claims procedure can be lengthy too.
Since the Motor Insurers Bureau is funded by the UK insurance companies, they are required to keep the expenses to a minimum.
This means that although you may be entitled to recover compensation for an accident that was caused by an uninsured driver, you may not be able to recover compensation for all parts of your injury claim.
For example, if you have a motor insurance policy in place, the MIB will expect you to claim compensation for damages to your car from your own insurers.