Payday Loans Help Pay Car Insurance

on Tuesday, May 24, 2011

Latest research by an online price comparison website has found that one in six drivers is uninsured.
According to "money supermarket", this shocking amount of uninsured drivers adds thirty pounds to a car insurance policy cost. These drivers now face a new government restriction: the "continuous insurance enforcement" (CIE) law. The government is making uninsured driving an illegal act within the UK. Unless the vehicle is declared "off road", it is not legal to own it without a car insurance policy . Enforcing the new law is by very high fines to drivers without a valid policy. People who ignore this new law might face a penalty of up to a thousand pounds or legal action.
The study revealed that while 7 percent drive with no insurance policy of any kind, 16 percent of drivers get behind the wheel of a vehicle they do not own. The study also found that by risking a car accident, one could face a conviction including 6 points on the driver license and charges of up to 5,000 pounds.
If you need to pay for a car insurance and currently cannot afford it, a quick payday loan could help.

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