Debt Consolidation

UK motorists thinking about driving their cars abroad should exercise caution before driving off.

As was advised by Sainsbury’s Car Insurance which reports that unless drivers take steps to make sure that they have adequate insurance cover before leaving to go on a foreign driving holiday then they could be faced with costly repair bills. According to the firm, just under a fifth (17 per cent) of holidaymakers are planning on taking their car overseas during the next 12 months. Overall, France was shown as being the most likely destination for a foreign driving holiday, with some 4.58 million motorists planning to take their vehicles to the European country over the next 12 months. Meanwhile, 1.89 million are set to hit the road in Ireland, with 1.7 million going on a trip to Germany. Spain, Italy and Belgium were also considered to be sought-after locations for motorists.

In addition, it appears that many people are planning a significant journey, with about half of all those going abroad expecting they will drive for more than 1,000 miles whilst away, meanwhile 19 per cent are expecting to drive between 501 and 1,000 miles.

Also, before setting off to hit the road for Paris, Rome, Berlin or any other European destination, Sainsbury’s Car Insurance not only urged motorists to get fully comprehensive car insurance but urged them to get in touch with their provider to advise them of their intentions to go away prior to their departure. It was reported that although many insurers provide cover for driving on the continent, policyholders need to let their insurer know of their intentions. Should this not happen, Sainsbury’s reported drivers could see their cover reduced to only incorporate third party, fire and theft.

For those holidaymakers who fail to ensure that they have adequate insurance cover whilst on their holiday abroad it could well be that they have to raid their own finances in order to meet the cost of repairs to their vehicle following a breakdown, accident or theft. This could have an impact on their ability to manage loans, credit cards and mortgage repayments upon their return back home.

To lower their chances of getting into difficulties whilst abroad, the company urged motorists to plan their route carefully and to check the motoring laws for the countries that they will be going through. Additionally, checking tyre pressure and brake fluid levels before departing was also recommended.

Joanne Mallon, car insurance manager for Sainsbury’s, reported: “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.”

Those people looking for a useful way to pay for a trip abroad may discover that obtaining a personal loan is a good course of action. And for those wishing to buy a car to take to the road for an adventure holiday abroad, cheap loans could not only help with purchasing a vehicle but also help fund an adequate comprehensive insurance policy. Borrowing for the means of getting a car could also be recommended, as a recent Experian study showed 20 per cent of males would go overdrawn in order to get a set of wheels.

Mark Dawson writes for Loan-Arrangers .co.uk where visitors can compare loans online. Then apply for one of our consolidation loans or bad credit secured loans.

- mark dawson

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