Uninsured young driver numbers halved

| March 30, 2012 | 0 Comments
Uninsured young driver numbers halved

A new law allowing the Motor Insurers’ Bureau (MIB) to cross-check its database against DVLA records has led to a substantial fall in the number of young people driving without insurance.

The Continuous Insurance Enforcement (CIE) law allows MIB to check which vehicles are registered with the DVLA.

If a registered vehicle is not listed as insured on its own database it can issue a warning letter to the vehicle’s owner.

The MIB claims that the number of uninsured drivers between the ages of 17 and 20 years has halved in three years.

It is estimated that 10 per cent of the 1.2 million uninsured drivers on the UK’s roads are in this age group.

MIB’s chief executive, Ashton West, said: “Uninsured driving adds £30 per policy per year to the cost of insurance premiums, resulting in £400m a year in costs to the industry.”

In the past year, the cost of insurance premiums for drivers under the age of 21 has increased by around 20 per cent, making them unaffordable for some young people.

This figure could increase in December when a European directive comes into force making it illegal for insurers to offer lower premiums to female drivers.

It is often parents who bear the cost of a young drivers’ insurance but this may not seem such a bad deal when the cost of acting as a taxi service for their children is taken into account.

According to a study by Sainsbury’s car insurance, parents collectively clock up the equivalent of £32bn in unpaid taxi fares when driving their children to and from school and out-of-school activities.

This is the equivalent of driving all the way to Mars.

Parents are estimated to drive nearly 25 miles a week with their children and to spend an hour and a quarter a week in their car waiting for them.

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