The call for reform of Britain’s auto insurance industry has gone out once again, this time from former Justice Secretary Jack Straw. The UK, along with several other nations including the U.S. and Germany, has been struggling with soaring auto insurance costs. Consumers have been having a difficult time finding affordable insurance, given the ramping costs. The nations insurers, on the other hand, have never before had such an influx of new customers thanks to a new law approved earlier this year that requires all citizens to have insurance for…
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Uninsured vehicles now considered a criminal act in U.K.
Changes to the United Kingdom’s car insurance laws are coming and Swinton Insurance, one of the largest car insurers in the country, is warning motorist to take heed. Next month, it will be illegal to own an uninsured vehicle. Swinton has taken it upon themselves to caution both policyholders and the general public of the new law in the hopes that they will take necessary measures to protect themselves accordingly. The current laws in the UK forbid motorists from driving uninsured vehicles, but the new law asserts that the simple…
Read MoreU.K. government clamps down on uninsured motorists
The United Kingdom has had a troubled past with uninsured motorists. The government decries the lack of insurance coverage as an unnecessary and dangerous risk. To combat the plight, the Department of Transportation has instituted a new system, which they are calling Continuous Insurance Enforcement. Drivers who fail to renew or otherwise obtain insurance coverage will have their vehicle clamped, seized and destroyed. The initiative has drawn outrage from the nation’s motorists. Motoring groups warn that innocent drivers will be at risk of having their vehicles taken away should they…
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