A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Monday, June 20, 2011

Car crushers on the loose

Off the road for good
From today the 1.4 million car drivers who do not have motor insurance risk having their cars crushed after being impounded by the police. According to the insurance industry the fact that there are so many uninsured drivers around means that insured motorists pay considerably more for their premiums than is necessary. The Department for Transport says that 23,000 people are injured and 160 killed each year by incidents involving uninsured drivers.

"Uninsured driving is a serious problem in this country," Malcolm Tarling of the Association of British Insurers told the BBC, noting that about 4% of drivers are not covered. "Not only are they more likely to cause an accident, but they also push up cost of insurance, which all honest, law-abiding drivers have to pay."

Does that mean if all 1.4 million cars are crushed tomorrow, premiums will come tumbling down Mr.Tarling? In issues of this kind there are winners and losers. The car crushing industry is due more business, the courts are due more business (but not necessarily more pay!) and the insurance industry rues the day it made a noise.

Let the crushing begin and let's see what happens to those premiums.


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