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Insurance premiums hit by uninsured drivers
03 September 2008
Insured drivers are facing a rise in their car insurance premiums because of the actions of uninsured motorists, claims the British Insurance Brokers' Association (BIBA).
According to BIBA, uninsured drivers are a "big problem" for the motoring and insurance industry which costs the average driver an extra £30 on their car insurance premiums.
Graeme Trudgill, BIBA technical and corporate affairs executive, said: "It's a big problem and it costs everyone else a lot of money. There is a levy on every single motor insurance policy which adds up to around £500 million a year."
In order to combat the risk of uninsured drivers the police have new powers to stop and check a vehicle's insurance and they can now seize that vehicle at the road side, claims Mr Trudgill.
"We have managed to make a dent in the problem," he added.
Research by Direct Line revealed that uninsured drivers are ten times more likely to have a drink driving conviction and six times more likely to be driving an unsafe vehicle.
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