News
Continuous Insurance Enforcement
Author: Lancaster Insurance Services - 13/02/2011
From Spring 2011 all cars in the UK that don’t have a Statutory Off Road Notification (SORN) will require valid road insurance. The change in this requirement aims to reduce the number of uninsured vehicles on the roads by linking the records of the DVLA and Motor Insurance Database (MID).
Lisa Joy, director of Lancaster Insurance Services, comments: “If your car is off the road and you aren’t using it you should consider a laid up insurance policy which means your car must be garaged with no miles added to the clock to qualify. Alternatively, if you intend to use your car in the near future you should arrange adequate insurance cover.”
According to the UK government, uninsured drivers inflict a major financial burden on other motorists, estimated at £380 million each year or around £30 of the cost of each insurance premium*. If you have not taken out road insurance cover for your vehicle or declared it SORN you will receive a letter warning that you could be fined as part of the ‘Continuous Insurance Entitlement Scheme’.
* www.direct.gov.uk
SAMPLE INSURANCE QUOTE
1975 MG B GT, value £5,000
- 40-year old club member, on drive at PE27, 3,000 miles per year, full UK licence, no claims/convictions.
Prices from £81.25 (£100 excess).
- 40-year old club member, on drive at PE27, 0 miles per year, full UK licence, no claims/convictions.
Prices from £42.13 (£100 excess)
:: READ MORE NEWS ARTICLES
These articles were brought to you by Lancaster Insurance –
Call them now for a quote on 01480 484848, or get a quote online click here
|
