Motorists pay £31 a year for uninsured drivers

Every year UK motorists are paying an extra £31 on their car insurance to cover the costs of uninsured drivers, it has been reported.

In total, this figure equates to an extra £500 million on premiums and a new survey by comparethemarket.com has found 87 per cent of UK drivers now feel the government is not doing enough to protect proper road users, according to Finance Daily.

Jeremy Moll, head of insurance at comparethemarket.com, told the publication: "At present, motor policies are hit by the knock on effect of uninsured drivers and the financial implications they create."

He added a lack of clear and concise penalties for uninsured motorists means the average fine for getting caught driving without insurance is just £250, a figure which many believe to be too low.

In related news, the insurance firm Admiral has announced it believes insurance premiums are set to rise at a faster rate than claims, for the first time in seven years, in the near future.
ADNFCR-1381-ID-18715455-ADNFCR


 

Back to main News listing
back
News article filed under:

Featured Articles

Below are a selection of articles available on Motor Insurance - we update them on a regular basis so keep checking back!

Our latest poll

Take part in our poll!

We want your opinion! Take the Motor Insurance Poll! You will not leave this page.

  • Most of us have some sort of accessory to personalise our car.

    Motorinsurance goes on the hunt for the nations favourite car accessories - complete our online poll and tell us yours!

Sponsored Links

Advertisement