Students Could Be at Risk

A large proportion of students running cars in the UK could be unknowingly compromising their insurance cover by not properly registering details, warns new price comparison website, thecomparisons.com.

With students returning to university this month and many receiving cars for Christmas, the temptation to register insurance details using a home address, where premiums may be lower, can be too great. It is also thought that a large number may simply be unaware that they need to act and update their policies.

Chris McDonald, Director of thecomparisons.com, said: “Students often live in inner city areas where crime rates can be high, and criminals specifically target student neighbourhoods. While it might be tempting to register insurance details for a car using a home address where premiums can be lower due to off-road parking, private garages or rural locations, it is important not to.”

“If a claim does need to be made and an insurer has not been told about the change of address and circumstances, this could risk causing complications and delays in a claim, or worse still, result in a non payment from an insurer.”

“More than anything, it’s pointless to pay an insurance premium if you’re not going to be correctly covered and it really is a false economy. Students should get in touch with their insurers and make sure that their policy is up to date or spend a few minutes researching a sufficiently flexible and good value policy.”