You are here: Home - Insurance - News -

Brits face being towed back to monsoon weather at hefty prices

0
Written by:
16/07/2012
Motorists fleeing the monsoon showers of the British summer are being told to take out adequate breakdown cover, to prevent being towed back home at a hefty price.
Brits face being towed back to monsoon weather at hefty prices

Brits abroad who breakdown while driving abroad could be faced with a bill of more than £2000 if they need to bring the car home and don’t have adequate breakdown cover, according to insurers Saga.

The report highlights that of the 1m over 50s likely to take to the road, an estimated 87,700 could suffer a breakdown and some 5,000 vehicles will not be able to fixed abroad and will need to be transported back to the UK.

Roger Ramsden, Chief Executive, Saga Services comments: “Getting to grips with mechanical jargon is difficult enough in the UK; just imagine what it would be like in Italian, Greek or French.”

“Breaking down is not only distressing but can be financially crippling. Some face the prospect of paying more than the car is worth just to get it home. Despite this a fifth of British motorists drive in Europe without breakdown cover.”

The over 50s are bold when planning their road trips abroad. The most popular destinations they visit and breakdown are France, Spain and Portugal, but some go as far afield as Finland, Malta and Albania.

 

The table below shows the typical cost of repatriation from some of the countries in which the over 50s have needed breakdown assistance over the last four years:

 

Countries the over 50s needed breakdown assistance Example of repratiation costs 
 France  £1,763 (Marseille to Manchester)
 Spain  £2,082 (Cadiz to Cardiff)
 Portugal  £1,914 (Lisbon to London)
 Italy  £2,297 (Naples to Newcastle)
 Germany  £1,418 (Berlin to Birmingham)
 Poland  £2,583 (Gdansk to Glasgow)
 Estonia £1,914 (Tallinn to Tunbridge Wells)

 

 

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
skipton
Skipton launches buy-to-let trackers

Skipton Building Society is today launching two new buy-to-let deals.

Close