Uninsured driving -Dealing with continuous insurance
for hire vehicles ...
The
Directgov
website says "Driving a vehicle on a road or in a public place
without insurance against third party risk is an offence. You need to be correctly
insured for the vehicle you intend to drive or you could face a fixed penalty
notice"
Uninsured
drivers inflict a major financial burden on other motorists, estimated at around
£380 million each year or around £30 of the cost of each insurance premium. The
damage caused in road traffic accident results in large number of claims for settlement
by the Motor Insurers Bureau (MIB).
Uninsured
drivers also impose other costs on society. Research and surveys show that uninsured
drivers are more likely to be involved in road traffic accidents, fail to follow
road traffic signs and signals and potentially be involved in other criminal activity.
The
Department for Transport (DfT) announced a package
of measures to crack down on the estimated two million motorists on our roads
driving without insurance.More
information HERE
The
organisations behind the new continuous insurance enforcement (CIE) regulations
have pledged to help BVRLA members ease the burden of compliance.
Speaking
at a BVRLA
seminar earlier this month, representatives from the DVLA
and the Motor Insurer’s Bureau (MIB) said that they
would give the industry time to implement the new regulations while also providing
advice and support.
Laws
on continuous insurance due later this year introduce a new offence of being the
registered keeper of a vehicle with no motor insurance. As the registered keepers,
leasing and rental firms will be held liable for any fines issued against their
vehicles for being listed as uninsured on the MIB’s Motor Insurance Database.
They will not be able to transfer their fines to customers.
Speaking
at the seminar, David Hancock, director of enforcement at
the DVLA, said that the agency would put the resources in place to ensure
that members of the BVRLA were not victims of any unintended consequences of compliance.
The
new system will put the onus on rental and leasing companies to work with their
customers to help ensure that vehicles are added to the Motor Insurance Database
in a timely manner when they are leased or rented.
Neil
Drane, head of database services at the MIB and also speaking at the BVRLA event
promised to work with his members to come up with a single and efficient method
of updating the database.
“All
our members will comply with the law, but the less administratively burdensome
we all can make it the better,” said Nora Leggett, the BVRLA’s head of member
services.
The
CIE scheme is expected to operate as follows:
The
DVLA’s vehicle keeper database and the Motor Insurance Database will be regularly
compared to identify vehicles which are not recorded as covered by a valid motor
insurance policy. If, after several checks, the vehicle still does not appear
on the motor insurance database, an advisory letter will be sent to the registered
keeper informing them that their vehicle does not appear to be insured. Registered
keepers may do one of the following:
Inform
the DVLA that you have made a declaration that the
vehicle has been sold or SORN’d, with appropriate evidence being provided as proof
of this
Inform
DVLA that the vehicle is stolen and provide a crime reference number
Confirm
with the motor insurer that the vehicle is insured and is recorded on the motor
insurance database
Get
the vehicle insured
Further
checks will be conducted on both databases (i.e. DVLA keeper database and Motor
Insurance database) and if, after a further month, the vehicle still appears as
being uninsured then the registered keeper will be issued with a £100 fixed penalty
notice (£50 if paid within 14 days of issuance).
If you are in the Self Drive Car Hire business (car hire - van hire - motor home
hire -classic vehicle hire) and are looking for insurance for your hire vehicle
fleet - find out more about INSURECARHIRE.co.uk
HERE
- Insurecarhire
is a trading name of Sky Insurance Services Group Ltd who are members of the
The
BVRLA
has set up a new steering group to improve the availability of competitively-priced
funding for the vehicle rental and leasing industry.
The
Funding Steering Group will help existing and potential funders better understand
the vehicle rental and leasing industry and its related risks and rewards.
It
is already working with at least half-a-dozen new funders to evaluate the opportunities
and product requirements of the industry and identify any barriers.
“This
group has been created to help replace some of the liquidity lost since the Credit
Crunch as banks struggled to build up their balance sheets and improve their flow
of lending,” said BVRLA
chief executive, John Lewis.
“Our
industry has coped with this squeeze and now it’s time to help lenders return
to the market and explore new funding opportunities. From the conversations we
have had with potential lenders already, I am confident that there is new finance
available for leasing and rental companies.”
The
BVRLA’s new initiative comes as the industry’s main funder, Lloyds Banking Group,
continues to slowly reduce its £1bn exposure to the rental and leasing market.
Although Lloyds has pledged to work with the industry to make this transition
as smooth as possible, the association is keen to help Lloyds’ customers in particular
to reduce their dependency on its funding.
The
steering group is chaired by BVRLA
honorary treasurer and board member Brian Back and includes representation from
the association’s three key sectors of membership: Graham Hale of Fleet Hire,
Andrew Cope of Zenith Provecta, Roger Hancock of Thrifty Car Rental and David
Barlow of ProHire.
Following the group’s initial meeting in late April, the BVRLA
has begun work on producing an ‘Industry Profile’ document for potential funders
and aims to conduct a funding survey of members by the end of May.
"We
want to get a clear understanding of which sort of finance they want to provide
and what sort of companies they want to deal with. The information we get from
the survey of members will help us point them in the right direction,” said Lewis.
In the longer term, the BVRLA
is also working with the Finance and Leasing Association and exploring alternatives
to bank funding.
If you are in the Self Drive Car Hire business (car hire - van hire - motor home
hire -classic vehicle hire) and are looking for insurance for your hire vehicle
fleet - find out more about INSURECARHIRE.co.uk
HERE
- Insurecarhire
is a trading name of Sky Insurance Services Group Ltd who are members of the
TheBVRLAhas called for the vehicle rental industry to be granted
an exemption from the Government’sEquality
Acton the grounds that it’s application
would increase costs for consumers and operators through adding “an unnecessary
layer of red tape”.
Banning
any form of age discrimination in the vehicle rental industry could cost the sector
more than £34m per year and add up to 30% to the price of hiring a car or van.
The
British Vehicle Rental and Leasing Association wants the industry to be exempted
from the government’s proposed age discrimination legislation because regulation
in this area is not required and would introduce a huge administrative and cost
burden on its members.
Statistics
show that young and inexperienced drivers, particularly males, are much more likely
to have accidents and it costs more to insure them. Despite serious safety concerns
about these drivers gaining access to a range of high-powered cars, vans and minibuses,
a significant number of rental companies do rent to people under 21.
The
Government has agreed that it is justifiable to charge higher prices, deposits
and excesses to people in this age group. However, the new legislation would present
rental companies with the ongoing burden of having to provide statistics to justify
these charges, which could be challenged in court.
The
BVRLAfeels that the industry would also face extra administrative
costs involved with insurance claims and vehicle repairs, which would end up increasing
the price of vehicle rental for all customers.
“Older
and younger drivers are already able to hire vehicles and the government accepts
that some younger or experienced customers should be charged more,” said BVRLA
chief executive, John Lewis.
“But
our industry is still being threatened by this new tranche of pointless red tape,
something the current government has sworn to eliminate.
“Costs
for our vehicle rental companies and their customers will rise and no-one will
benefit – where is the logic in that?”
Electric
vehicle manufacturers need to reduce their prices if they want to energise the
market, the British Vehicle Rental and Leasing Association has warned.
According
to the Society of Motor Manufacturers and Traders (SMMT), just 812 buyers have
taken up the Government’s £5000 Plug-In-Car Grant so far this year, suggesting
that electric vehicles are still too expensive for most consumer and fleet buyers.
“More
than a dozen new electric and hybrid vehicles are set to hit the UK market over
the next year, but most of them will be decorating showrooms unless manufacturers
are more realistic on pricing,” said BVRLA
chief executive, John Lewis.
The
BVRLA
is partnering with technology company Ebbon-Dacs to provide the fleet industry
with a free online vehicle safety recall notification system in 2012. Although
the UK has a good record of handling vehicle safety recalls, fleet owners are
facing rising costs in administering and managing the range of paper and digital
notifications they receive from motor manufacturers.
“Our
members own and operate more than two-and-a-half million vehicles and finding
a cost-effective, easy-to-use solution that the whole industry can adopt has been
one of the association’s long-term goals”, said BVRLA chief executive, John Lewis.
The
new recall system is the result of close work between the BVRLA,
its members, motor manufacturers and the Vehicle and Operator Services Agency
(VOSA). Alastair Peoples, VOSA Chief Executive said: "Britain has some of the
safest roads in the world and the recall system contributes to this. It's really
encouraging to see manufacturers and the fleet industry working together to improve
the effectiveness of the safety recall process."
His
views were echoed by Simon Oliphant, chief executive of Hitachi Capital Vehicle
Solutions and chairman of the BVRLA
Leasing and Fleet Management Committee: “This is a great example of the industry
working together for the greater good – improving safety and duty of care while
eliminating a mountain of paperwork and associated costs.”
If you are in the Self Drive Car Hire business (car hire - van hire - motor home
hire -classic vehicle hire) and are looking for insurance for your hire vehicle
fleet - find out more about INSURECARHIRE.co.uk
HERE
- Insurecarhire
is a trading name of Sky Insurance Services Group Ltd who are members of the
PET:
There is no NHS for pets, make sure your family pet is properly
covered
WEDDING: Safeguard your big day now
by getting comprehensive insurance for your wedding
HEALTH
& LIFE:
Life, Health, Dental Plan
BUSINESS
INSURANCE: General Business, Public Liability,Shop
and Retail, Office, Tradesmen and Surgery and Clinic insurance,
Employers liability, General Business and more
Looking
for a self catering holiday home rental? / Do you have
one to let?
jmlvillas.comis
an online internet marketing service for self catering
holiday rentals accommodation in the most popular worldwide
holiday destinations and locations worldwide. You book
direct with the owner andsave
money. It is a
highly cost effective way to let out a holiday vacation
property. The site has intensive internet marketing alongside
advertising in many travel magazines and guides.Great
value car hire fromholiday
autos
the
low cost villa advertising service
For
further information click on the logo below
Advertise
your Holiday Home Property at jmlvillas.com - only £12.50 per
year including VAT CLICK
HERE for Details
jml
Property Services(insurance4carrental.com
/ insurance4vanrental.com / insurance4motorhomerental.com
/ insurance4minibusrental.com / jml Property Insurance.co.uk
/ jml insurance.co.uk ) are an advertising service, we are not
insurance brokers and are unable to offer advice or deal with
any of our advertisers enquiries. This
site IS NOT an insurance comparison price website.
All dealing must be with the insurance
company that you will gain access to via a link from this website.
jml Property Services are unable
to give advice either verbally or in writing regarding insurance
or assist with changes to insurance policies that you have taken
out. You must contact the insurer direct. We are therefore unable
to provide any quotes ourselves as we would be breaking the
law. All dealing must be with the insurance company that you
will have accessed via a link from this website
insurance4carrental.com
/ insurance4vanrental.com / insurance4motorhomerental.com /
insurance4minibusrental.com are web trading names of jml Property
Services which is a trading name of Jeffrey Milner Ltd - PO
Box 80 - Princes Risborough - Buckinghamshire - HP27 0WA - England
- Established 1979
