Evade Car Insurance at Your Own Risk
Released
on: September 2, 2008, 4:12 am
Press
Release Author: Rias
Industry:
Financial
Press
Release Summary: The credit crunch has caused a lot of people
to look for new ways to save money, one increase seems to be the
number of drivers without car insurance.
Press
Release Body: The credit crunch has led brought economising to
the for front of many British drivers mind - we are all keen to
save money - and car owners in particular are feeling the strain
with rising petrol prices and the new Vehicle Excise Duty levels
next year which could see some paying up to £2001 more on
family saloons. But drivers trying to save money by not taking
out car insurance are cost-cutting to a foolhardy extreme, warns
RIAS.
Apart
from the fact that driving without insurance is against the law
in the UK, and those found guilty of it could get themselves a
criminal record, it also costs other car drivers more than half
a billion pounds per year, according to the Motor Insurers Bureau.
This equates to around £30 extra on every premium, effectively
being subsidized by the fully insured user.
"There
is no question that driving without insurance is both unlawful
and ill-advised," says RIAS Managing Director
Janet Connor. "If you are worried about the
cost of insurance, it is worth talking to your insurance provider
to check whether there are any savings to be made. At RIAS, for
example, we specialise in finding tailored insurance solutions
for the over 50s, who can often benefit from cheaper premiums
because of low mileage, or because their cars are parked off-road
or kept in a garage. We advise customers to ensure they ask about
discounts and flexible payment plans when they call us for a quote."
While
efforts are being taken by the relevant law enforcement authorities
many believe it is society's collective responsibility to help
fight this nuisance and that neighbours, friends and family should
not look the other way if we know of drivers that are evading
car insurance.
Evading Car Insurance - the facts:
* Last year, around 160 deaths and 23,000 injuries were caused
in road accidents involving uninsured drivers.
* Claims made against drivers without insurance can be complicated
forthe victim to process.
* Throughout 2007, the British police seized over 150,000 uninsured
vehicles - that's one vehicle every three minutes.
* Number plate recognition technology and better link ups between
police and insurance companies is facilitating police in the fight
against unisured veichles.
1Source: The AA 2Research from the Motor Investigation Bureau,
Report: The Road Ahead, Issue 15, 2007
*Call
RIAS for a quote on your car insurance to see if we can save you
money: 0800 052 5250
All
services including house insurance can
be purchased online.
Janet
Connor, Managing Director of RIAS is available for further comment
and interview. To arrange an interview with, or photography of,
Janet, please call Simon Robinson on 07976 329823 or e-mail srobinson@rias.co.uk.
About RIAS
* RIAS was founded in 1992 and is a specialist provider of insurance
products for the over 50s age group
* RIAS negotiates with a panel of insurers to secure competitive,
value for money products
* RIAS has over 970,000 customers and currently employs over 1,200
people across two locations - Bournemouth and Belfast
* In July 2007 RIAS' home insurance contents and buildings policies
received four 'Best Buy' awards from Which? magazine
* In December 2007 RIAS won the 'Personal Lines Broker of the
year" award at the Insurance Times awards
RIAS is part of Fortis (Insurance UK), a leading
provider of award-winning personal and commercial lines insurance
solutions in the UK and the 2007 British Insurance Awards
'General Insurer of the Year'. The insurer's successful
customer-centric strategy has been founded on aligning its activities
to how customers want to buy insurance, combined with delivering
high quality products, manufactured at costs better than market
norms.
Fortis's
unique multi-distribution capability enables it to deliver products
face-to-face, by phone (inbound and outbound), over the Internet
and via SMS technology. Aligning its business activities with
its partners' general insurance strategies enables Fortis to offer
end-to-end white label capabilities in product development, marketing,
campaign management, sales, fulfilment and claims - providing
a seamless integration with partner brands.
Insuring
in excess of 6.7 million customers and working with a range of
partners, Fortis is recognised for delivering consistent and high-quality
customer experiences. It employs 2,901 people as of 31/12/07 with
a head office based in Eastleigh and others in Belfast, Bournemouth,
Gloucester, Haywards Heath, Redditch, and Stoke-on-Trent. In 2007,
its profit before tax and interest (excluding impact of weather
related events) was £92.2 million and its GWP was 757.8
million.
Web
Site: http://www.rias.co.uk
Contact
Details: Sadie Sheppard
customerservices@rias.co.uk
RIAS
PLC,
RIAS House,
Deansleigh Road,
Bournemouth,
Dorset
BH7 7DU
01202
254545
2009
