23 April 2021
The government proclaimed savings for the British motorist when it announced its decision to ‘bin the EU’s Vnuk motor insurance law.
However, the government’s decision is not ‘a victimless one’, according to Sarah Prager, barrister, 1 Chancery Lane, and Chris Deacon, partner, Stewarts, in this week’s NLJ.
Vnuk required compulsory insurance for vehicles used on private roads, such as quad bikes and agricultural vehicles. Prager and Deacon write that it is not yet clear what the decision to scrap Vnuk will entail.
They highlight the potential impact on serious injury victims, who may be left without compensation. Moreover, they question whether the anticipated insurance savings even exist.
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