A research firm in UK has recently found out that of 288 of the car insurance policies, more than 23% of the policies do not have cover for misfuelling, which means people need to compare insurance quotes. Furthermore, it is seen that 14% of the insurance schemes do not offer any cover for the car drivers who ran out of motor fuel. The research firm sees this as a major point within the insurance industry claiming that this will prevent UK drivers from attempting to misfuel. Most of the UK drivers have taken to misfuelling which includes using the wrong fuel for a vehicle in order to save on a few pounds. Although, this practice does not affect the performance of the car in the immediate sense, the overhead costs in the long term can be highly appalling. Furthermore, repairing the damage costs could bring forth hefty bills.
Misfuelling has come out as a common practice by the UK drivers with about 100,000 such incidents being reported in the previous year. Furthermore, it is seen that although most of the incidents have been committed without the motorists’ knowledge, the motorist will still face the heat from the insurance companies. Although a lack of misfuelling cover stands good for preventing the nefarious activities, innocent victims of misfuelling would have no place to go. The research firm also found that only about 21% of the insurance companies in UK offered a legal insurance cover for “uninsured loss recovery” as a standard option while more than half of the car insurers have continued to offer it as an optional extra. If the motorists compare insurance quotes they will find that the rest 28% of the companies have not included any such cover in their policies.
If caught with such acts, the insurance company has the right to invalidate the insurance policy. It is best to keep an open eye in order to avoid any incidents of misfuelling.
Compare car insurance quotes online and see how much you can save today with The Car Insurance Megastore!
Similar Posts:
- Insurance Major Urges Motorists to Check their Insurance for Misfuelling Cover
- Frosting Crimes Increase As Insurance Firm Warns Motorists
- Car Insurance- Drivers Looking To Save Money In 2011
- Insurance Companies Launch Premium Hikes for the Over-50s
- Save Pounds on Car Insurance
