Car Insurance – Uninsured Drivers Cost You Money!

We are constantly reminded that the cost of car insurance is exacerbated by the number of uninsured drivers on the roads, and it is certainly true that in the United Kingdom all car insurance companies are required by law to pay into the Motor Insurance Fund (MIF).

This pool of money was designed to protect and recompense the innocent public from damage or injury caused by uninsured drivers and untraceable hit and run drivers.

The fund was set up over sixty years ago immediately following WW2 when the licensing laws and car insurance regulations were still being formulated and put onto the statute books.

The war years had seen the number of cars and vehicles in the UK rise exponentially and for the first time women were systematically taught to drive in their thousands, to help the war effort.

At the end of the war Britain’s roads were beginning to become cluttered and returning troops and foreign bases exacerbated the number of unlicensed cars and drivers on UK roads without car insurance to record levels.

As the number of accidents involving uninsured drivers rose steadily, public outcry forced the government to act and in 1946 a Government ‘Quango’ called the Motor Insurers Bureau (MIB) was established to oversee the whole operation of public compensation for damage, where no car insurance covered the costs.

The MID is to this day funded by a proportion of every policy sold, and to date has paid out over £2 billion in total. The MID have calculated that the cost to each of us when we purchase car insurance is an additional £15 to £30 per policy to cover uninsured drivers, which amounts to more than £200 million every year.

Furthermore, recent statistics from the Bureau indicate the problem of driving without car insurance has not declined over the intervening years since its foundation, and show that the UK continues to have a very poor record, with one in every twenty cars on the road being driven without proper car insurance cover.

Breaking down the statistics further, reveals that the amount of damage caused by drivers without car insurance each year far exceeds the amount paid out in claims every year through the risk fund.

It is often difficult to receive full compensation even if you have identified the uninsured driver, who may well have been prosecuted by the police, and you make a claim through the MIB.

A satisfied claim, that is those claims that are paid out, usually only occur when a particular claim has run the full course of the law and a judgement handed down.

In a case of a hit and run driver without car insurance who is unidentified, the MIB does not pay all legal costs, which can quickly run into thousands, but merely makes a contribution with a deduction to cover the balance of legal costs and expenses.

Thus the hidden costs and misery caused by the actions of those who choose to drive without car insurance is far greater than the official statistics of two hundred million pounds every year.

It is with these figures in mind that the MIB became the centralised point of a new database, the Motor Insurance Database, created at the turn of the century. The database is updated daily with details of every person and their car, who buys a car insurance policy. This information is now immediately available to all police forces throughout the Country, who through automatic number plate recognition systems, can instantly send a car registration number to the MID.

This allows the system to immediately indicate to a police office in the field, cars that are being driven and the driver has valid car insurance in force.

Know More About the 3 Best Hybrid Sports Cars

Hybrid Cars are undoubtedly the ‘cars of the era’. These green cars offer a bundle of advantages and are truly worth buying. However, owing to the growing popularity and increasing competition in the market, there are several hybrid car models offered by different car manufacturers in the market. If you are a sport car lover and can afford to invest a little more on your vehicle, consider buying the latest Hybrid Sports Cars.

Following is a brief description of the three best Hybrid Sports Cars available in the market:

1) Mitsubishi Eclipse Concept-E:

- It is an attractive 2-seater sports coupe from Mitsubishi.

- Its main features include a parallel hybrid motor, glass roof, and ultramodern interiors.

- It also features an all-wheel-drive system that allows parallel engines to supply energy to both the axles.

- It has a special hybrid engine, called the ‘E-Boost’, which helps the car to gain power even while changing gears.

- Connected with the E-Boost system is a 3.8 liter V6 underneath the hood that provides extra torque while driving.

- The E-Boost Electric Motor of the car produces nearly 200 odd horsepower.

- Total Power Output: 470 horsepower

2) Subaru B9 Scrambler:

- It makes use of both, a hybrid engine and a gas-powered engine. Whenever the charge drops below the optimum level, the gas engine is turned up automatically and also acts as a generator.

- This sports car comes with a symmetrical all-wheel-drive system that supplies energy to both the axles.

- It also features variable-height air suspension with automatic self-leveling.

- Its 2.0 Liter SOHC flat-four engine supplies the extra power whenever needed.

3) Mazda Ibuki:

- It features a 16-valve MZR 1.6-liter DOHC inline four cylinder engine.

- Additional power and the necessary torque for accelerating from a standstill is provided by its unique electrical hybrid motor.

- Its engine shuts down automatically when the car comes to a sustained stop. This makes this model highly fuel-efficient.

- Its unique ‘Regenerative Braking System’ allows the batteries to get recharged automatically.

Thus, if you are willing to buy a sports car and looking for fuel economy at the same time, you can consider the above three Hybrid Sports Cars.