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Insurance against license suspensions?

06/12/2006, 8:51 AM

By admin

The rate of speeding convictions in Britain is on the rise, and 1 million motorists are at risk of losing their license with one more offense. The growing numbers are the result of nearly 6,000 speed cameras in the country. In a sign of the times, insurance companies are now offering protection for people who have their licenses suspended for speeding. LicenceGuard is one of the first such services. It will reimburse motorists for travel costs each month for an entire year if they lose their license. “We designed the product in response to the ever-increasing speed traps which mean many motorists are now becoming victim to the reality that they could lose their licence from points totting up,� says Mark Priestman, product development manager at LicenceGuard. “A lot of people need transport to be able to work and would be placed under a lot of pressure if they could no longer get around with their car.�

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06/12, 9:09 AM

posted by:

animal

[i]Sometimes[/i] I’m ashamed to be British…

06/12, 10:12 AM

posted by:

Karl

This is a really sad state of affairs for the Brittish. But don’t worry, on the other side of the pond, the insurance companies give cops radar guns, so it’s just as bad.

06/12, 2:29 PM

posted by:

Jon

You know, this plus the cost of gas in London: $6.36 (converted into US dollars and US gallons) and the cost of actually purchasing a car (easily 25% or more than in the US, regardless of model…except the ultra-high end cars) is going to see less and less people having the ability to own and maintain cars in England…

Jon.

06/13, 2:17 AM

posted by:

Craig

This certainly explains why the Brits are far more scrutinous of the build quality, handling, engine power, gas mileage, power to weight ratio, driving feel, durability and maintinence requirements…. basically all the value that separates a brand new under $50,000 USD crapbucket from a brand new car that satisfies.

With all the nonsense they must put up with just to be able to insure and legally drive their cars on public roads, it just doesn’t make sense to bother with something you don’t really have a good reason to want.

 
 
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