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Drivers without car insurance are
adding up to the premiums each year
Car insurance customers are increasingly finding it difficult to maintain
a balance in their household budgets. The reasons for sparing car
insurance premiums are many. One of the major reasons is the growing
number of uninsured motorists on the road. It is a matter of great concern
for the insurance companies as well as the customers. If statistics are to
be believed, uninsured motor drivers are adding about £1.25bn each year to
a normal car insurance policy for a motorist in the UK.
The statistics revealed after a survey by one of the leading car insurance
companies in the UK have shed some light on a very different reason for
the rocketing premiums. The research says that an average UK driver’ s
premium has risen by about £50 every year just because of the claims made
by uninsured drivers. Another shocking fact revealed after this survey was
a considerable number of innocent motorists who get injured or killed by
these uninsured motorists.
Millions of UK motorists are consciously violating the laws including a
mandatory car insurance cover for a vehicle running on a UK road. The
massive insurance costs and inability to afford the adequate covers for
their cars, many people are resorting to fraudulent practices as well as
getting behind the wheels without any insurance cover. They are not only
risking their vehicles but their lives as well.
The Automobile Association says that one in 20 cars in the UK are not
being driven with an insurance cover. The Association also indicated that
the rise between April and June in car insurance premiums in the year 2010
was the greatest since the last 16 years.
In a competitive industry like car insurance the UK, customers can easily
compare car insurance and find a best deal that fits perfectly in their
budget. The number of motorists refraining from a little hard work
surveying the difference quotes result in insurance-less drivers on the UK
roads.
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