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Insurance

Penalties fail to deter uninsured drivers
Penalties imposed for uninsured driving are not severe enough to encourage all motorists to take out suitable cover, the AA has said.

Fines for uninsured drivers averaged £182 in 2006, while the majority of car insurance policies cost in the region of £1,000, explained the AA's head of road safety Andrew Howard. Read full story

Other Insurance stories

-	Consumers admit insurance non-disclosure. One in 14 Britons admit to withholding health information when taking out a life insurance policy, research from AXA shows. 3rd September 2008 14:25
-	Adding home help to car insurance 'sends cost soaring'. Adding nannies and au pairs to car insurance policies can send premiums spiralling, research has shown. 29th August 2008 16:31
-	Lack of financial planning leaves Britons' vulnerable . Millions of Britons are financially unprepared for an unexpected illness and would struggle to cope financially as a result, a new study has shown. 28th August 2008 16:16
-	Life insurance shunned on grounds of cost. Millions of Britons are opting to do without life insurance because they mistakenly believe the cover is more expensive than it is, a new study has suggested. 27th August 2008 16:22
-	Insurance warning for house parties . Home insurance companies are paying out millions of pounds annually to cover the cost of damage caused at parties for teenagers and young children, it has been revealed. 27th August 2008 16:21
-	Oil thieves targeting outdoor boilers. Millions of Britons could find themselves significantly out of pocket if they fall victim to the spate of thieves stealing oil from outdoor boilers, an insurance provider has warned. 26th August 2008 15:58
-	Car dealerships hit with FSA fine. The City watchdog has fined five motor dealerships a total of £175,000 for breaching selling rules for payment protection insurance. 22nd August 2008 15:50
-	Homeowners stash valuables in stereotypical places. Homeowners who hide their high value possessions in stereotypical locations are at greater risk of suffering a costly loss, new research has shown. 21st August 2008 15:29
-	Comparison sites slammed by Which?. Consumers have been urged to use a range of price comparison sites when shopping around for financial products due to the unreliability of the information provided. 20th August 2008 16:37
-	Carefree students shun insurance cover. Students are shunning insurance cover, despite the potential for loss and theft of items in shared residences. 20th August 2008 16:09