New regs on car insurance

Don't say you don't know because your vehicle will end up being scrapped or sold at auction

Amplify’d from www.moneysavingexpert.com

Warning over new compulsory car insurance rules

A new law will make it compulsory for all motorists in Great Britain to insure their vehicle unless it has formally been declared off-road.

Everyone must soon get insurance now if they use their car, van or motorbike but this will be extended to all vehicles that are taxed, even if you don't use it.

The new regime will begin in late spring though no firm date has been set.

This means those with vehicles kept in a garage for long spells are most at risk of falling foul (see the Cheap Car Insurance guide).

The rules also affect motor caravans that may only be used for brief spells at a time, which many people only currently insure for part of the year.

Anyone caught without insurance faces a penalty in excess of £1,000 and could have their vehicle destroyed. Read more at www.moneysavingexpert.com

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