News
Holidaying drivers must ensure cover
20 June 2006
As this year's holiday season kicks off excited motorists itching to get their car on the road in a foreign land could be heading for disaster unless they check their motor insurance, MoneyExpert.com warns.
Some 6.3m drivers will take their cars abroad in the next 12 months, according to the independent financial research website, but many of them may be surprised to discover that their current policy does not cover them overseas.
Indeed around 25% of comprehensive motor insurance policies do not offer full cover for motorists driving abroad unless they pay extra.
Tim Berry, a director at MoneyExpert.com said: 'Taking your own car overseas makes sense for millions who want to avoid queuing at airports or driving an unfamiliar hire car when youre already struggling to adapt to driving on the wrong side of the road.
'However insurers have strict rules on what you can and cannot do when it comes to taking our car out of the country. Some impose time limits on how long the car can be out of the country while others charge an extra premium.'
He said that those who intend to drive overseas should either check their policy before they go and if necessary move to one that offers overseas cover at no extra cost.
© Adfero Ltd
Some 6.3m drivers will take their cars abroad in the next 12 months, according to the independent financial research website, but many of them may be surprised to discover that their current policy does not cover them overseas.
Indeed around 25% of comprehensive motor insurance policies do not offer full cover for motorists driving abroad unless they pay extra.
Tim Berry, a director at MoneyExpert.com said: 'Taking your own car overseas makes sense for millions who want to avoid queuing at airports or driving an unfamiliar hire car when youre already struggling to adapt to driving on the wrong side of the road.
'However insurers have strict rules on what you can and cannot do when it comes to taking our car out of the country. Some impose time limits on how long the car can be out of the country while others charge an extra premium.'
He said that those who intend to drive overseas should either check their policy before they go and if necessary move to one that offers overseas cover at no extra cost.
© Adfero Ltd
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