Car insurance holders into the red?

Thursday, 02 February 2012

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Car insurance holders could now have to pay higher fines when it comes to driving offences such as speeding and breaching red lights

The Justice Secretary, Kenneth Clarke, made the announcement over the weekend and revealed plans to revamp charges for the traditional fixed penalty notice.

It means that offending motor insurance policyholders will now pay as much as £100 instead of the current fine of £60, on top of any points which are added to the driving licence.

The government is pledging that revenue raised through the increased penalty will go towards helping the victims of crime, and car insurance policyholders will hopefully now take encouragement when it comes to driving more carefully.

Mr Clarke is facing the same pressure as other ministers to cut costs, and with hikes in charges for motoring expected elsewhere, good value car insurance will be all-the-more essential for Britain's drivers.

Currently, motorists face a fine of up to £5,000 for failing to stop after an accident, while driving without tax could prove to be costly with a £1,000 penalty being levied against this.

Copyright Baubridge Ltd.

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