RE: What Cost USA?
Discussion
IF TVR enter the market I give them 12-18 months before they have to file for insolvency. The cars are fantastic but any quirks will not be tolerated by the Amnericans, they will be pounced on. We'll have people suing for their kids burning their fingers on the ally gearknob as it cooks in the Texan temperatures! People claiming for being blinded by the reflex paintjob glittering in the midday sun! Not forgetting other road users claiming for the TVRs taking their attention of the road and making them crash!!
Its a bit of an old wive's tale that things are getting as bad here as they are in US.
The thing that makes America exceptional is punative damages (ie a court can take, say, a year's profits from a company to punish them - the only problem being, as individuals usually recieve the damages, payouts can excessivly reward litigants, encouraging more cases)
There are no plans to introduce similar awards in the UK
The No win No Fee people will only take on a claim that they think will earn about 1400 quid or so, cause that is their cut of the cake. So if you win 1500 quid or so, you make a whole 100 pounds for your efforts....
I have been told that it is these types of companies that are forcing up the premiums for insurance as well, the b****rds.. cause it is the insurance companies that have to pay the costs of defending them, and in fact they often don`t contest the claim as it would cost them more, so they pay out, and guess how they recoup that loss...
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