Although insurance prices are rising, thus tempting young drivers to drive without any cover, according to the MIB (Motor Insurers’ Bureau), the number of 17 to 20 year-olds driving without insurance has fallen by half over the last three years.
It said there are currently 125,000 younger drivers breaking the law, down from about a quarter of a million in 2008. Of the 1.2 million uninsured drivers on the road, one in ten is thought to be aged between 17 and 20.
This is great news for the overall protection among the younger generation but also for the renewed understanding among youngsters that respecting the law is utterly important.
The MIB said a combination of on-road policing and the introduction of a new law that allows it to cross-check its database against DVLA records has helped it track down more uninsured drivers.
The law – Continuous Insurance Enforcement – was introduced last year and allows the MIB to see which vehicles are registered with the DVLA.
Non insured car drivers receives a warning letter followed by a series of escalating penalties.
‘Quite a lot of work still needs to be done’
However, Ashton West, chief executive at the MIB, said while the overall number of uninsured motorists in the UK is decreasing, there is still much work to be done.
“There are more than a million drivers under the age of 20 on our roads, and having insurance in place is crucial to protect inexperienced young drivers and other motorists,” he said.
With uninsured driving adding £30 per policy per year to the cost of insurance premiums, resulting in £400 million a year in costs to the industry, it is clear that concerted efforts still need to be made.
Young drivers are looking at ways to reduce their insurance costs
The MIB said younger drivers are adopting a number of techniques and tools to help bring their car insurance costs down.
For example they are looking to get installed into their vehicle an intelligent smartbox unit, which gathers driving data. This information is then used by the insurer to determine the insurance cost to the driver based on their driving skills and behaviour.
Road safety minister Mike Penning welcomed the drop in uninsured younger drivers.
“The fall in uninsured driving is good news, thanks largely to the efforts of the police and more recently the introduction of Continuous Insurance Enforcement,” he said.
“But we cannot be complacent. Uninsured drivers are a danger on our roads and that is why the government will continue to tackle uninsured drivers and leave them with nowhere to hide.”
Narinder Purba is a passionate of the insurance world, and among the many web site, I tend to follow official channels like the Motor Insurers’ Bureau.
Image via State Farm.
Last modified: 6th May 2016