Financial_Fred
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Drivers Travelling Abroad Urged To Check With Insurance Provider
Tue, 06/24/2008 - 14:04 , Posted by Financial_Fred Comments:0
British motorists who are planning to drive their vehicles whilst abroad are advised to take extreme caution before hitting the road.
Such is the advice given by Sainsbury’s Car Insurance which reports that unless drivers take steps to make sure that they have adequate insurance cover before leaving to go on a foreign driving holiday, they could face a costly repair bill. According to the firm, just under a fifth (17 per cent) of holidaymakers are planning on driving their car overseas during the next 12 months. Overall, France was indicated as being the most likely destination for a foreign driving break, with some 4.58 million motorists looking to take their vehicles to the European country over the next 12 months. Meanwhile, 1.89 million are set to hit the road in Ireland, with 1.7 million going on a trip to Germany. Spain, Italy and Belgium were also shown to be sought-after locations for drivers.
In addition, it would appear that people are looking towards a comprehensive journey, with about half of all those travelling abroad predicting they will drive for more than 1,000 miles whilst away, meanwhile 19 per cent are expecting to drive between 501 and 1,000 miles.
However, before driving off to hit the road for Paris, Rome, Berlin or any other Destination in europe, Sainsbury’s Car Insurance not only urged drivers to get fully comprehensive car insurance but also to get in touch with their provider to let them know of their holiday driving intentions before they travel. It came to light that although many insurers provide cover for driving on the continent, policyholders are required to notify them that they are going to do this. If this is not done, Sainsbury’s said drivers would likely see their cover downgraded to only incorporate third party, fire and theft.
For those people who do not have an adequate policy whilst on their holiday abroad it could well be that they have to raid their own finances in order to meet the cost of repairs to their vehicle following a breakdown, accident or theft. This could easily impact on their ability to manage loans, credit cards and mortgage repayments upon their return to Britain.
To lower the chances of getting into difficulties while away, the company urged motorists to plan their route carefully and to make themselves aware of the motoring laws for the countries that they will be going through. In addition, checking tyre pressure and brake fluid levels before departing was also recommended.
Joanne Mallon, car insurance manager for Sainsbury’s, reported: "When going on holiday, most people will remember to take travel insurance but we are concerned that some motorists are overlooking the need to ensure that their car journey is fully covered. Having an accident anywhere is bad enough but when abroad it can be compounded by a lack of local knowledge; to then find that the other party’s damage is covered, but not your own, is surely a blow worth avoiding."
Those people looking for an efficient way to pay for a trip abroad may well find that obtaining a personal loans is recommended. And for those looking to buy a car to take to the road for an adventure holiday abroad, a cheap loan may not only help with financing a vehicle but also help fund an adequate comprehensive insurance policy. Borrowing for the means of getting a car could also be recommended, as a recent Experian study showed a fifth of males are prepared to go overdrawn in order to get themselves a new set of wheels.
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