Car Insurance - What the law requires

Under the Road Traffic Act of 2008 (see http://www.legislation.gov.uk/ukpga/2008/52/contents), motor insurance is compulsory by law, and if you are a car owner you must be covered for claims against you arising from death or injury to anyone (including passengers in your car - but not the driver). Your policy must cover compensation for which you are liable by law as a result of your own negligence on a public road, the cost of emergency medical treatment and legal costs. As an example, if you knocked a pedestrian down while momentarily glancing in a shop window, your negligence could result in your having to pay compensation to the pedestrian. You are committing a criminal offence if you are driving a car without the minimum compul sory insurance, even if you are only driving it home from the garage or going on a very short journey. The only alternative to this minimum insurance policy' allowed by the Act is to deposit £19,000 with the Accountant-General of the Supreme Court (the superior court broadly divided into two Section s: the High Court and Court of Appeal), which is obviously not a practical proposition.

The Road Traffic Act regulations mention only the basic minimum cover required by law, and for most people this is insufficient. For example, you would not be covered for damage to property nor to your own or other cars, and if you were to have an accident you would personally be liable for the cost of repairs and compensation under any claim brought against you.

Although these 'Act only' policies, as they are known, are the cheapest motor policies available, do not buy one as your first choice, as the cover provided is far too restricted. This policy is suitable only for motorists who have such a poor past driving record that they are unable to obtain any other form of insurance.


Car Insurance - What the law requires

Payroll Giving
It’s all very easy to organise.
Just ask the Personnel or the Payroll Department at your company and, if they already have a scheme, they will give you the relevant forms.  HM Revenue & Customs’ website has a list of Payroll Giving agencies and explains payroll giving in more detail.

Salon Gold Insurance

Cheaper Insurance for Salons, Freelance Hair and Beauty, and Mobile Businesses - click here

read on: Car Insurance - Insurance certificates

Under the Road Traffic Act of 2008 (see http://www.legislation.gov.uk/ukpga/2008/52/contents), motor insurance is compulsory by law, and if you are a car owner you must be covered for claims against you arising from death or injury to anyone (including passengers in your car - but not the driver). Your policy must cover compensation for which you are liable by law as a result of your own negligence on a public road, the cost of emergency medical treatment and legal costs. As an example, if you knocked a pedestrian down while momentarily glancing in a shop window, your negligence could result in your... see: Car Insurance - Insurance certificates