You are here: Home - Insurance - News -

Uninsured drivers ‘a menace on our roads’

Written by:

More and more people are willing to take the risk of driving illegally on Britain’s roads, with figures from the Driver and Vehicle Licensing Agency (DVLA) showing that the number of untaxed drivers has jumped 76% in two years to 2.1 million.

Rather than taking time to compare car insurance and pay their premiums, the number of illegal drivers is costing £217m in lost revenue, up from £129m in 2004. Around 80% of untaxed vehicles also have no insurance.

The Association of British Insurers (ABI) says that uninsured drivers are 10 times more likely to have convictions for previous motoring offences like drink-driving and are six times more likely to be behind the wheel of an unroadworthy vehicle than the average legal motorist. A spokesperson said they were “a menace on our roads”.

For drivers that like to compare car insurance in the approved way, if they have fully comprehensive cover then their insurer will pay for damage to their vehicle if it is hit by an uninsured driver, although medical and legal bills will not be covered.

For those with third party cover only, the costs are not covered at all for damage or injury caused by an uninsured driver.

The ABI recommends that drivers compare car insurance and never take to the roads without proper cover or road tax.



Tag Box




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

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

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.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

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...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Store card providers slated by the FSA

Many of the top store card providers have been slated by the Financial Services Authority (FSA) for failings in the selling of...