Prang-and-runs threaten car insurance

Monday, 27 September 2010

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Motorists who hit a parked car and flee the scene of the crime before its owners arrive are costing blameless drivers in the UK £169 million per year, as well as impacting on their car insurance.

Research from Accident Exchange found that victims of "prang-and-run" drivers will pay out an average of £1,800 in repair costs and might also lose their no-claims bonus on their car insurance, the Daily Mail reports.

"This £169 million figure may be just the tip of the iceberg," said Lee Woodley, insurance director of Accident Exchange.

"Many motorists are put off making a claim, even when they are not to blame, for fear of losing their no-claims bonus if the guilty party doesn't admit their fault."

And there may be more misery for car insurance customers after Mr Woodley said Accident Exchange experts expect to see a rise in these incidents in future as fewer people have access to off-road parking.

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