Drivers paying millions for uninsured minority
01 Aug 2008
Figures released by Comparethemarket.com show £31 added to each insurance policy amounts over £500 million every year.
The sum does not include financial costs brought about by accidents caused by uninsured drivers.
Despite this figure, the average fine for driving without car insurance is £250. According to a study by the comparison website, over three quarters (75 per cent) believed it to be too low.
Ashton West, chief executive for the Motor Insurers' Bureau, said "any deterrent" to driving without insurance would be good news.
"Awareness of the potential penalties needs to be increased so it makes drivers think twice before taking to the roads uninsured," he said.
The research found 12 per cent of drivers have been involved in an accident with a driver who did not have insurance. Of them, 68 per cent had to incur liability.
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