The BVRLA welcomes the OFT investigation over insurance concerns

The BVRLA, the UK trade body for companies engaged in the leasing and rental of cars and commercial vehicles, has posted an article on their website which announces that they welcome the Office of Fair Trading’s (OFT) decision to refer the UK's private motor insurance market to the Competition Commission for further investigation. The BVRLA are concerned that it is not been fair for motorists, as "the insurers of drivers responsible for accidents (at-fault drivers) appeared to have little control over the way repairs and replacement vehicles were provided to ‘not-at-fault drivers’ – creating an opportunity for costs to be inflated." To read more, please click here to view the post on BVRLA's website which was posted on September 28, 2012.