UK Money News

Money News

23rd June 2008

Brits urged to notify car insurer of travel plans

Thousands of Britons could be risking invalidating their car insurance by failing to tell their provider they are taking their car overseas, an insurer has warned.

Sainsbury's Car Insurance advised that failing to tell an insurer before setting off can mean that a fully comprehensive policy is downgraded to third party cover.

As a result, a mishap deemed to be their fault could leave them significantly out of pocket.

A release from the firm stated: "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."

Research conducted by Sainbury's found that 17 per cent of drivers are intending to take their car overseas over the next 12 twelve months, with the majority planning to travel 1,000 miles or more.

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