Insurance is expensive, but every vehicle that is driven on public roads should have one.
Unfortunately, this is not something that everybody understands, and many drivers are caught each day without valid insurance for their vehicles. According to the British Motor Insurers Bureau, the United Kingdom’s 1.5 millionth uninsured vehicle was seized in Haringey, North London.
The unlucky driver was a 23-year-old male, which was caught by police while driving his Vauxhall Corsa without any insurance. In case he would have been in an accident as was found to be at fault, the victims would not have received any payment of damages suffered.
Many situations like these happen across the world every day, and some victims or their families, in worse cases, have to go to court with the guilty and uninsured driver to claim damages. These lawsuits take time until a settlement is reached, and things would be simpler for everyone if all drivers and vehicles were insured.
According to British police, the number of seizures of uninsured vehicles has grown over four percent when confronted to the same period of last year. Over the last four years, over 500,000 vehicles in the United Kingdom were seized after their drivers were caught without insurance.
Just in 2016, British police agents have seized 72,000 vehicles, and the year is not even close to being over. If the seizures continue at the same rate, the end of the year figures will show a 27.3% increase in this activity.
In the United Kingdom, a driver caught without insurance on public roads faces six penalty points on their license, along with a 300 GPB fine. The vehicle might be seized in some cases, and officials estimate that 30% of uninsured and seized cars are crushed.
There is also a scheme to help finance and leasing companies recover uninsured vehicles, so the most valuable assets do not get crushed. According to a report from CAP HPI, cars like a Ferrari 458 Spider, or a Bentley Continental GT S V8 have been seized after being driven without insurance. We cannot help but wonder what excuse did their drivers have for their actions.
The unlucky driver was a 23-year-old male, which was caught by police while driving his Vauxhall Corsa without any insurance. In case he would have been in an accident as was found to be at fault, the victims would not have received any payment of damages suffered.
Many situations like these happen across the world every day, and some victims or their families, in worse cases, have to go to court with the guilty and uninsured driver to claim damages. These lawsuits take time until a settlement is reached, and things would be simpler for everyone if all drivers and vehicles were insured.
According to British police, the number of seizures of uninsured vehicles has grown over four percent when confronted to the same period of last year. Over the last four years, over 500,000 vehicles in the United Kingdom were seized after their drivers were caught without insurance.
Just in 2016, British police agents have seized 72,000 vehicles, and the year is not even close to being over. If the seizures continue at the same rate, the end of the year figures will show a 27.3% increase in this activity.
In the United Kingdom, a driver caught without insurance on public roads faces six penalty points on their license, along with a 300 GPB fine. The vehicle might be seized in some cases, and officials estimate that 30% of uninsured and seized cars are crushed.
There is also a scheme to help finance and leasing companies recover uninsured vehicles, so the most valuable assets do not get crushed. According to a report from CAP HPI, cars like a Ferrari 458 Spider, or a Bentley Continental GT S V8 have been seized after being driven without insurance. We cannot help but wonder what excuse did their drivers have for their actions.