As a professional, I understand the importance of creating content that satisfies the reader`s curiosity while meeting the requirements of search engine algorithms. Today, I want to shed some light on Untraced Drivers Agreement Clause 21, which is a crucial aspect of legal proceedings related to road accidents.

Untraced Drivers Agreement Clause 21 is a provision that allows compensation to be paid to victims of road accidents caused by drivers who cannot be traced or have fled the scene of the accident. It is a vital aspect of the Untraced Drivers` Agreement, which was signed by the UK government and the Motor Insurers` Bureau (MIB) in 2003. The agreement aims to ensure that victims of hit-and-run accidents are not left without compensation, as the offending driver cannot be traced.

Clause 21 of the Untraced Drivers Agreement allows for a simplified claims process for the victims of hit-and-run accidents. It states that a claimant can submit a claim for a fixed amount of compensation, which is currently set at £1,000. The claimant must provide evidence of reasonable steps taken to trace the driver, such as contacting the police and providing any available information about the offending vehicle.

The MIB manages the compensation payouts for victims of untraced drivers. They are funded by contributions from all motor insurance companies in the UK. The MIB acts as a last resort for victims who cannot obtain compensation from the offending driver or their insurer.

If you have been involved in a hit-and-run accident, it is essential to take all necessary steps to try and trace the offending driver. You should contact the police immediately and provide any information you have about the vehicle or driver. Once you have done this, you can make a claim under Clause 21 of the Untraced Drivers` Agreement.

It is important to note that the £1,000 fixed compensation payout is not intended to be a complete or adequate compensation for the victim`s losses. Victims of hit-and-run accidents may also be eligible for additional compensation under other clauses of the Untraced Drivers` Agreement or other insurance policies.

In conclusion, Untraced Drivers Agreement Clause 21 is a vital provision of the agreement between the UK government and the Motor Insurers` Bureau. It aims to ensure that victims of hit-and-run accidents are not left without compensation by providing a simplified claims process and a fixed amount of compensation. If you have been involved in a hit-and-run accident, it is essential to take all necessary steps to try and trace the offending driver. If you are unable to do so, you may be eligible for compensation under Clause 21 of the Untraced Drivers` Agreement.