Car insurance news
04/01/2012
Busiest shopping period means higher risk on roads
During the Christmas holidays UK families often have to be more careful with their finances, yet every day cheap car insurance is being denied because of reversing accidents.
According to Accident Exchange, a company which helps get car accident victims back onto the road, 200,000 reversing mistakes, which result in a collision, are reported annually. That equals about 500 every day.
These mistakes can set motorists back financially, with the average cost of a repair being around £2,123.
Reversing cars make up 8% of the total amount of vehicle accidents in the UK, which can result in nearly half a billion pounds of damage, not to mention a more expensive car insurance quote at the end of it.
In 2010 there were an estimated 2.5 million accidents on the roads in the UK and according to the Department for Transport failing to check for another vehicle is the highest reported cause (38%) for accidents.
As the holidays approach and car parks become more congested it is no surprise that this can increase the risks of an accident happening, so shoppers are forewarned to be extra careful so as not to let cheap car insurance slip away at this expensive time of the year.