New UK Car Insurance Laws - April 2011 • Some sort of collector's item
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• A vehicle that have been built from a product
• A motor vehicle with an expensive color job
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It doesn't matter what you do, whether you undoubtedly are a businessman, a doctor or a housewife, it also doesn't issue which car you drive whether it is a Saab, a Subaru, some sort of Toyota or an Audi. So, insurance is the need of the hour or so.
The competition has meant it was possible for consumers to obtain more discounts from competing websites. This competition is good for consumers, since the pricing of insurance is even more competitive.
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From April 2011, it's going to be illegal to own a car within the uk that is not insured you will still don't drive or keep it for a public road unless you have a current and valid Statutory Off Road Notice (SORN) registered along with the Driver & Vehicle Licencing Company (DVLA).
This innovative law is being introduced in an effort to clamp down on the over 1 million un-insured drivers using their cars on UK roads every year. With the cost with insurance rising every year as a result of increased number of statements involving these vehicles with no 3rd party insurance cover and at the least?? 30 added to your premium of law abiding people, the government and the motor insurance industry is finally taking the bull by way of the horn and dealing with this public menace.
In the event the new car insurance laws get effect, every car that's registered with the DVLA will have its details checked against the Motor Insurance Bureau (MIB) database, and the registered keeper of any vehicle that doesn't have insurance will automatically be contacted via an Insurance Advisory Letter (IAL), giving them steps they need to take to avoid action being taken against him/her.
Failure to get the car insured could result in:
1. A okay of?? 100.
two. The offending vehicle increasingly being immobilized, impounded and subsequently destroyed.
3. The registered owner facing prosecution which has a possible maximum of?? 1000.
So that you not to fall foul these new car insurance laws, you need to either get at the least 3rd party insurance cover on any vehicles registered inside your name, or if the car is not being currently used, file a Statutory Off Road Notice with the DVLA informing them that it is kept off road (driveway, garage) and not becoming used or driven.
The government and the motor insurance industry is hoping these new laws will drastically cut may be un-insured cars being run on UK roads and for that reason a drop in insurance premiums for all law abiding citizens.
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