Road pricing shouldn't affect car insurance holders for 'many years'

Tuesday, 06 July 2010

Car insurance customers should not be affected by road pricing for "many, many years" to come, it has been claimed.

Neil Greig, director of policy and research at the Institute of Advanced Motorists (IAM), said that no government would want to incur the initial financial hit that moving to road pricing would entail.

"The vast majority of taxes from car use go straight into general government spending now. There's a huge imbalance between tax take by the government and transport spending, and I just can't see any government wanting to give that up."

In London, motor insurance policyholders already pay a daily charge to travel around certain areas in the centre of the city.

The charge is operational between the hours of 7am and 6pm from Monday to Friday.

Car insurance holders have to pay £8 to travel within the Congestion Charge zone, unless they are eligible for a discount or exemption.

Posted by Noel Martin

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