Thousands of drivers are currently uninsured, as it's cheaper for them to take the risk and receive a fine than pay for insurance, new figures reveal.
According to easier.com, the figures (which come courtesy of a Freedom of Information request issued by Churchill Car Insurance), show that between 2010 - 2013, 473,564 drivers were given penalty points on their licence for driving without insurance.
Some 50,544 Brits have other endorsements on top of a IN10 for not having insurance. Moreover, some 1,414 drivers still have a valid licence even though they have 12 or more penalty points on it.
Despite this severe problem, the average driver is only fined £300 for being caught without insurance, reports thisismoney.co.uk. Since this is often cheaper than having to pay for insurance, many motorists are willing to take the risk.
Steve Barrett, head of car insurance at Churchill, says progress has been made over the past couple of years in regards to tackling the issue: "Untraced and uninsured drivers cause 130 deaths and over 26,000 injuries every year, so more must be done to stamp out this problem.
"The average motorist prosecuted for driving without insurance is fined only a fraction of the maximum penalty. Higher fines, especially those that exceed the cost of the average motor insurance premium, will undoubtedly help discourage offenders."