- Busy Brits risking millions of pounds by forgetting to renew MOT or tax on time (25%) and leaving cars unlocked (24%)
- Other habits that could be costing motorists include driving in flip flops (25%), hanging fluffy dice from the rear-view mirror (9%) and underestimating their mileage (8%)
- A quarter of drivers (25%) don’t realise these oversights can invalidate their car insurance, while one in eight (13%) said they were in too much of a rush
- With average car insurance pay-outs now £2,671, these slips ups could leave a £114 million hole in the nation’s bank balances, as 43,000 claims are rejected each year
- A quarter of young drivers underestimate the severity of their actions (25%) while almost half of older drivers (43%) say they simply forgot certain behaviours could impact their insurance policy
- uSwitch.com urges drivers to keep up-to-date with their MOT and tax renewal dates, using a reminder service if required, so they are not penalised should they have to make a claim.
Proving time really is money, drivers could be risking up to £114 million, in rejected car insurance claims due to slip ups like forgetting to MOT their car or renew their car tax on time, or putting off car maintenance (21%). According to new research from uSwitch.com, the price comparison and switching service, two thirds (63%) of drivers make simple errors which can leave them out of pocket, should they need to make a claim.
As well as forgetting their key renewal dates, a quarter of time pressed motorists confess to not locking their cars, while almost 10 million drivers (25%) admit to not taking the time to change out of inappropriate driving shoes before jumping behind the wheel.
Other faux pas that could lead Brits to invalidate their car insurance include not updating insurers when changing jobs or addresses (16%), hanging fluffy dice from the rear view mirror (9%) and underestimating the mileage travelled each day (8%)
A quarter (25%) of drivers admitted that they didn’t realise these small errors could result in car insurance providers not paying out, with an additional third (37%) of drivers admitting they simply forget that such behaviours might impact on an insurance claim.
Around the country one in three (35%) people in Birmingham said they leave their cars unlocked. While motorists from Wales and those living in the South West of England are prone to forgetting to renew their MOT’s on time, with a quarter (26%) admitting to doing so.
As young drivers head off to university or move away from home in search of a steady job, they are three times (15%) more likely than their parents (5%) to invalidate their insurance by not updating their address. However, old habits die hard and people over 55 (29%) are almost twice as likely as young drivers (17%) to leave their cars unlocked.
The latest data from the Association of British Insurers (ABI) shows that over 43,000 car insurance claims are rejected a year. With the average insurance claim now £2,671, on average, motorists could be losing as much as £114.85 million from claims being rejected each year, showing that these small mistakes can be very costly.
Rod Jones, insurance expert at uSwitch.com, says: “We know the British public are increasingly time poor, so it’s unsurprising that motorists can be forgetful when it comes to locking up their cars or renewing their car MOT and taxes on time.
“With claims now running into the thousands of pounds, people can’t afford to make a careless mistake that could invalidate their cover and leave them out of pocket. It is therefore really important that drivers note down their key renewal dates, and avoid making the easy to forget mistakes to ensure they are covered should they ever need to make a claim.”
Find out how you could save over £1,000 a year with uSwitch here.