Premiums news
25/05/2011
Really cheap car insurance is rare due to rear end crashes rise
Rear end crashes are becoming a bigger issue than in previous years and could explain why it is becoming increasingly difficult to find really cheap car insurance.
According to the findings of a top insurance provider, rear end bumps have increased by 9%, which is causing a knock-on effect on car insurance quote prices.
Road congestion and careless driving are typical reasons why rear end accidents occur, but some people purposely slam on their brakes so that the person behind crashes into them and is forced to pay compensation to them for the damage.
This type of insurance fraud perpetuated by a few dishonest drivers is causing car insurance rates to increase across the board. It is thought that in 2010 alone fraud cost the insurance industry an enormous £3 billion in total.
Speeding, plus following the car in front too closely, an action known as tailgating, is also a large reason why rear car accidents are increasing.
The most common injury to happen as a result of this type of accident is a whiplash injury and in the year 2010, the price of personal injury claims involving whiplash was a staggering £1.9 billion.
Really cheap car insurance could become a thing of the past for motorists who do drive safely because of fraudsters and careless motorists continually driving up prices.
Police are to be given more power to impose spot fines on dangerous or careless drivers and the hope is that this might help lower premiums for honest road users in the near future, as well as making UK roads safer.