1 Day Car Insurance

1 Day Car insurance facts for you to enjoy - maybe

1. According to the Motor Insurers' Bureau 1 in 5 people between the age of 17 and 20 drive with no car insurance. That's an estimated 250,000 people in the UK.
2. The same report says 1 in 10 young drivers say they are unaware they need car insurance. - Come on, are young people really that ignorant - we think maybe they are telling porkies.
3. Car insurance for male 17 year old drivers can be as high as 2 to 3000 pounds a year. Wow!
   1. Each year approximately 230,000 people in the UK are convicted of driving with no insurance. Hopefully you want be crashed in to by one of these idiots.
4. Young drivers are 10 times more likely to be involved in a collision. Maybe those high premiums are justified after all.
5. Government statistics show that one third of drivers killed or seriously injured on the roads was under 25. Scary statistic.
6. The UK has one of the highest proportions of uninsured drivers in Europe, with around 5% of motorists not having a policy in place compared with 0.1% in Sweden and 0.2% in Germany.
7. Another MIB (not Men In Black) statistic: More than £500 million in funds from law-abiding motorists are used every year to compensate people for property damage and personal injury as a result of uninsured drivers.
8. The recession has fueled an increase in numbers of fraudulent insurance claims in 2009. Admiral says that it has refereed a third more suspicious claims than last year.
9. According to the ABI (Association of British Insurers) an estimated £1.9 billion in fraudulent insurance claims go undetected each year.This means the rest if us have to pay an additional £44 a year in premiums.
10. Not all the fraud above goes undetected. In 2008 the industry discovered £730 million of fraudulent claims.
11. 4.7 million people in Britain don't think it is wrong to file a fraudulent claim according to RSA (the UK's largest commercial insurer). Did 4.7 million people in Britain actually bother to respond to a survey. Impressive.
12. The Chief Executive of Admiral, Henry Engelhardt banked £11.2 million. Good going. He also founded the company.
13. According to Confused.com the fear of losing a no claims bonus is enough to put off 38 percent of car drivers from making a claim.
14. Paying for your car insurance on a monthly basis instead of annually adds £50 to the average car insurance bill. Interest rates are often at around 24%.
15. The practice of naming an older driver as the main driver, or saying you are the main driver when you are not, to drive down premiums, is called fronting. Oh and in case you're thinking 'hmm, that's not a bad idea', it's illegal.
16. Read your insurance small print. Many companies have changed the conditions of their fully comprehensive car insurance. In some cases you are no longer insured to drive another car third party. This they say is to cut the cost of premiums. If you find out your company has done this, then at least you are at the right site and can find a company that offers 1 day insurance.
17. Saga reports that many UK motorists have removable possessions in their car worth in excess of £200. So make sure again you read the small print in your policy. The nominal amount covered by most companies is £100-£200.
18. The Highway Agency reports that having a messy car, particularly when objects become loose in footwells can lead to increased chances of accidents. Time to get the Dyson out.
19. The Highway Agency also report that between 1st July 2008, and June 30th 2009, 43 motorists a day had to be rescued from motorways after running out of fuel. Not an insurance fact, but we couldn't believe it, so put it in anyway for you to be surprised about.
20. The AA tell us that a nice view is a distraction for 75% of drivers. So if you want to minimise your chance of a collision looks like you have to drive in unattractive built up areas. Unless of course, they have 'nice views' walking around them, then you're in trouble.
21. In the UK it has been a legal requirement since 1930 to have car insurance.
22. As well as fully comprehensive insurance and third party insurance there is also the lesser known Road Traffic Act Only Insurance. It has a limit of £1,000,000 for damage to third party property, this is less than what you get with third party insurance.
23. In 1998 a pilot program was trialed in Texas where driver received a discount for installing a GPS-based device that tracked driving behaviour. Policy holders were more concerned about paying for the GPS than privacy concerns.
24. It is a little known fact that you can take out vehicle insurance for just one day. Had to get that one in.