Motor insurance: Fresh charges are announced

Monday, 31 March 2008

Drivers are to be hit hard in the pocket following the introduction of fresh charges from the Driving Standard Authority, has said.

An extra £14.4 million will now be paid out by motorists for driving tests as the fees are to come into existence on April 1st, the body stated.

Now the learning process will amount to about £1,337 for each driver that learns to drive, asserted, with the theory test charge also facing a hike.

And the total costs for leaner drivers yearly will hit £1 billion, without factoring other fees for car insurance, fuel and buying a car, it observed.

Insurance expert at Ashton Berkhauer urged drivers to have an amount of cover in case they do not pass at the first attempt.

"With the average person sitting their practical test two to three times before passing, learners must also have a contingency fund to cover the cost of initial failure," he commented.

Last week, the authorities in Scotland announced new road safety initiative, something that may also may good new for driver's motor insurance premiums.

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