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Research shows 59 percent of drivers are unaware of new car insurance ruling

by Sam Gooch on Jul 29, 2011

Research shows 59 percent of drivers are unaware of new car insurance ruling

A new rule regarding car insurance is not widely known about in the UK. Many drivers across the UK remain unaware that it will be compulsory to have car insurance on all vehicles under their ownership in the near future, new research has shown.

Earlier this week (April 18th), road safety minister Mike Penning laid the final regulations of the Continuous Insurance Enforcement (CIE) in parliament, which means that it will be a criminal offence to keep a vehicle without breakdown car cover, rather that just to drive while not possessing a policy.

However, a study conducted by the AA among its members has shown that some 59 per cent had not heard of the new statutory requirement to have an annual insurance package.

According to the study, of those who knew of the ruling, 38 per cent indicated they did not understand its intricacies.

Fines will be...Read More >>



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Car insurance companies slashing rates to attract customers

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Consumers searching for attractive deals on personal finance products such as car insurance are likely to have many options available to them due to the intense competition between companies in the sector.

That is the opinion of Lindsay Williamson, secretary at the Insurance Society of Edinburgh, who has said that this market - which also includes other areas such as home insurance and travel insurance - is being hotly contested by firms desperately trying to attract customers.

Anyone looking to find the cheapest car insurance rates should use price comparison...

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