Honest motorists subsidise uninsured drivers
01 September 2010 10:08:44
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| Uninsured motorists are pushing up car insurance premiums. |
Figures suggest that about £50 of every car insurance policy helps to subsidise fraudulent claims and pay for accidents caused by uninsured drivers.
Meanwhile, one-quarter of young people admit that they drive without insurance, an MOT or driving licence.
Katie Shephard, a spokeswoman for road safety charity Brake, described the number of young people driving illegally as "shocking".
She commented: "Young people are involved in a huge proportion of deaths and serious injuries on our roads due to their inexperience and the tendency of many young drivers to take risks."
Tim Franklin, chief operating officer at the Co-operative Financial Services, said that uninsured drivers cost honest road users a "massive" amount.
"If you are an uninsured driver you need to think about the consequences of your actions and purchase insurance, and if you know somebody who is driving around uninsured you should seriously consider reporting them to the authorities," he claimed.
The latest AA British Insurance Premium Index revealed that car insurance premiums increased by more than 11% in the three months ending June 30th.
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