Halifax car insurance has undertaken some research that indicates 10 per cent of drivers find it difficult to pay their car insurance premiums. Furthermore, 20 per cent of motorists do not have an up to date MOT.
We wonder how many motorists are aware that by not having a current MOT certificate would mean that, even if they had car insurance, it would not be valid.
These statistics are startling and most concerning as this means that those individuals without a valid MOT are putting not only themselves at risk but also those of other motorists and the general public at large. For instance, the car may no longer be roadworthy and therefore is at greater risk of being in a collision.
You would have thought that the prospect of a fine of £1,000 for not having a valid MOT would have put off those people from being so irresponsible. Apparently, just about 50 per cent of people without a valid MOT did not expect to get caught and 75 per cent were not aware when their MOT was due to expire.
Car insurers have paid out £380 million for drivers who have no insurance and are involved in accidents. The British Insurers’ Bureau believe that as many as 23,000 individuals are hurt each year in accidents that involve drivers who have not had the sense to arrange car insurance. This also impacts in a negative way on the cost of car insurance for sensible drivers who have arranged car insurance.
Jeremy Ward who is the head of Halifax Car Insurance, stated: “Driving without valid insurance is not only against the law, but can also impact financially on those who have appropriate cover as they may be unable to recover damages from an uninsured driver.”
It was reported by The Daily Telegraph in September that the average price of car insurance premiums had dropped by 10.6 per cent compared to 12 months previously.