Motor Insurance Industry News

← Back

Motor insurance 'days of grace' ends

04/02/2005

An increasing number of Motor Insurance providers are withdrawing the period of grace after policies expire.

Insurers are now advising drivers to make sure they have a new policy before their current one expires.

Graeme Trudgill of the British Insurance Brokers' Association said: "Technically, the so called 'days of grace' has never existed.

"Insurers have in the past offered a 14-day Road Traffic Act (RTA) Certificate which was evidence of insurance pending receipt of their renewal certificate, but even this did not offer free cover," he added.

Motorists often use this period to shop around for the best deal.

© 1998-2005 DeHavilland Information Services plc. All rights reserved.

Endsleigh Insurance Services Limited is authorised and regulated by the Financial Services Authority. This can be checked on the FSA Register by visiting its web site at www.fsa.gov.uk/register.
Endsleigh Insurance Services Limited. Company No: 856706 registered in England at Shurdington Road, Cheltenham Spa, Gloucestershire GL51 4UE.