Recently, the Transport Select Committee has gathered and produced a report on motor insurance in the UK. The UK is one of the European countries where there are the most uninsured drivers; maybe resulting from expensive motor insurance policies.
Graeme Trudgill, Head of Corporate Affairs at BIBA, outlines for News Insurances the main topics developed in this report.
The continuous insurance enforcement law, which came into effect in June of this year, is set up to reduce to number of uninsured drivers. These uninsured drivers add an average GBP 30 to every motor insurance policy price. To help reduce, or at least slow the rising costs of motor insurance premiums, new insurance products are available such as the telematics insurance. This is a fitted policy which could reduce the cost of up to 50 per cent. Also in the scope are the drivers training programmes. These could be reviewed in order to gain better knowledge of the dangers of driving a vehicle.
Find all News Insurances videos here : http://live.news-assurances.com/
And here : http://www.newsinsurances.co.uk/toutes-les-videos