Tuesday, April 15, 2008

Companies welcome introduction of electronic motor insurance certificates

— iain

Insurance companies have welcomed the introduction of new electronic motor insurance certificates which will allow drivers to have instant access to their documents wherever they are.The Department for Transport has announced that the insurance industry can now issue electronic car insurance certificates to their customers via email, meaning they will arrive instantly and can be held on home computers.

The insurance comparison site www.Insurancewide.com believes the move is a sensible one and will be particularly useful for newly insured drivers who often wait several days or weeks for their paper documents to arrive.Chief executive James Harrison said drivers who do not keep a copy of their insurance certificate in their car risk unnecessary fines and even vehicle confiscation if they are stopped by the police, who are cracking down on uninsured drivers."The arrival of electronic motor insurance certificates will allow drivers to have access to their motor insurance documents almost immediately and will reduce the risk of drivers being wrongly perceived as uninsured," he remarked.According to road safety minister Jim Fitzpatrick the new technology will save car insurance companies between £5 million and £10 million a year.

From: http://www.motorinsurance.co.uk

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