The Motor Insurers’ Bureau was established many years ago back in 1946 with a view to compensating people who were involved in a road traffic accident but where the other driver could not be located after the accident or where the other driver did not have motor insurance in place. You may be interested to know that there are thousands of claims in this respect every year which we are sure you will agree is most disconcerting.
According to the Motor Insurers’ Bureau, between 2004 and now, there has been a significant drop in claims relating to uninsured drivers. In fact the numbers have fallen from about 25,000 to 11,000 per annum which is a drop of in excess of 50%.
However, it is concerning to hear that over the past year there has been a rise of around 10% in claims involving drivers who have not bothered to arrange motor insurance.
You are probably aware that it is illegal not to insure your car for a minimum of third party cover unless your vehicle is declared SOR (Statutory Of Road Notification) and the vehicle is also kept off the public highway. The penalties for driving a vehicle that is not insured are severe and could involve the likes of a fine and penalty points on your license that could lead to you being banned from driving.
Furthermore, if you are caught driving an uninsured car, you could also find that your car insurance premiums could increase by a large amount and you may find that there are a number of insurance companies that will not even consider providing cover for your car. So, it really is not worth taking the risk of driving your car without suitable motor insurance in place. In this respect, why not obtain a competitive quote for car insurance through us without any obligation to proceed.