Increase in road accidents caused by uninsured drivers
In France, compensations paid to victims of road accidents caused by uninsured motorists amounted to 141 million EUR (156.30 million USD) in 2018. Non-insured related accidents rose by 32% over the 2013-2018 period.
As a result of this increasing loss experience, France’s fund for victims of uninsured drivers FGAO , posted a net loss of 84 million EUR (93.12 million USD) and a negative shareholder's equity at -202. EUR (223.92 million USD) in 2018. The new radar database will henceforth identify uninsured vehicles and combat the phenomenon of non-insurance.
Read also our article on road safety.
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Mon, 11/11/2019 - 12:14
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