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Impound Insurance

YOU ASKED FOR IMPOUND INSURANCE – WE ANSWERED, IT’S HERE FROM TODAY!

WITH 142,000 cars seized by police in 2017/8, little wonder brokers are looking for the answer to protect their customers.
It’s not just the ‘no insurance’ reason that the police are seizing cars all over the UK.
The police can seize a vehicle if they think it’s being used in a way that causes alarm, harassment or distress, for example careless or inconsiderate driving.

They can also seize a vehicle if they think it’s:
·       being driven by someone who does not have a proper licence or insurance
·       dangerously, illegally or obstructively parked
·       broken-down or abandoned


HOW BIG IS THIS PROBLEM?

·       The Motor Insurers’ Bureau said that about 40 per cent of seized cars are crushed.
·       Higher value vehicles are sold off with the money raised going to police budgets.
·       Police first got the power to seize and crush the cars of uninsured drivers in 2005 after a media campaign.
·       Since then they have impounded 1.7 million cars.

Data supplied by more than 30 police forces revealed that last year 3,558 BMWs were seized – nearly 10 a day.
The haul also included 2,982 Audis, 36 Porsches, 12 Bentleys, four Lamborghinis, four Ferraris, three Maseratis, three Jaguars and one Rolls-Royce.

This means the vast majority of the 142,000 vehicles seized were family saloons and sports hatchbacks, the bulk of the broker customer base.

Drivers can only get an impounded car back by providing proof of ownership and up- to-date insurance. Most primary motor insurance policies do not include impound cover.

They must also pay a fixed penalty of £300, a release fee of £150, plus a daily storage fee of up to £40 and get six penalty points on their licence.

We are delighted to announce that our 30 day impound release policy is now live on our system and is only a phone call away.



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Impound Insurance. Courier Insurance. Fleet Insurance. Motor trade. Home Insurance. Property. Landlords. Pubs. 0121 647 2051 Motor trade specialist, courier specialist.