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Car insurance premiums hit by uninsured drivers
12 May 2008
More than a million people have admitted to driving without insurance last year, according to a study by Sainsbury's.
Research revealed that 1.15 million people drove uninsured last year risking heavy fines and the removal of their driving license.
Younger drivers are the group most likely to cause insurance premiums to rise due to the large percentage of them driving without insurance.
Of the 963 people interviewed for the study, nearly 40 per cent of those who admitted the offence were aged between 17 and 24, whilst a further 22 per cent of uninsured motorists were aged between 25 and 34.
Rising fuel costs meant that 19 per cent said they could not afford car insurance while the same percentage said that they did not think it was necessary to have insurance.
According to the Association of British Insurers, the cost of uninsured motorists adds an extra £25 to £30 to the average annual car insurance premium.
