General Insurance Article - If you buy a Lamborghini ensure you can afford the insurance

 Shockingly, supercars and prestige vehicles are often being driven by insurance evaders. However, popular, high volume makes of car, such as Vauxhall and Ford top the culprit’s chart. 

  

 The highest value vehicle HPI CrushWatch identified in 2014, was a Lamborghini Aventador worth £309,000. Rolls Royce, Bentley and Lamborghini vehicles dominated the list of top 10 highest value cars recoveries. Owners of the Vauxhall Corsa and Vauxhall Astra are the most likely to drive uninsured, with nearly 1,000 of these models being reclaimed in 2014. The Ford Focus came in third, with the Fiesta in fourth, showing that popular, mid-range vehicles are frequently hitting the HPI CrushWatch register.

  

 Working under the umbrella of the Finance & Leasing Association’s (FLA) Vehicle Recovery Scheme, HPI CrushWatch brings together motor lenders and Law Enforcement Agencies to enable lenders to reclaim uninsured cars which could have been sold on or scrapped by the police without their knowledge. Not only are the FLA and HPI taking steps towards closing the net on insurance and tax evaders, they are making UK roads safer for law abiding motorists.

  

 Neil Hodson, Managing Director for HPI, comments,

 “Although, the majority of cars we recovered in 2014, are popular, lower priced vehicles, we also helped recover a significant number of high-end makes and models. Along with some astonishing supercars, we recovered a significant number of Audi, BMW, Land Rover and Mercedes-Benz vehicles. It’s clear that insurance evasion crosses social and financial boundaries.”

 
 Top 10 Recoveries by Value:

 1. Lamborghini Aventador £309,000
 2. Rolls Royce Wraith £189,700
 3. Rolls Royce Ghost £129,300
 4. Bentley Continental GT £114,900
 5. Bentley Continental GTC £98,700
 6. Lamborghini Gallardo Spyder £93,000
 7. Lamborghini Gallardo £90,500
 8. Mercedes-Benz G63 £90,500
 9. Audi R8 Spyder £86,100
 10. Land Rover Range Rover Autobiography £83,800

  

 Top 10 Models Most Commonly Recovered:
 Vauxhall Corsa 503 £1,390,845
 Vauxhall Astra 431 £2,032,260
 Ford Focus 358 £2,286,780
 Ford Fiesta 302 £1,415,750
 BMW 3 Series 274 £2,235,205
 Volkswagen Golf 253 £1,910,935
 Mercedes-Benz C Class 238 £3,028,715
 Ford Transit 206 £1,278,505
 BMW 1 Series 202 £1,910,975
 Audi A3 153 £1,210,130

 
 Top 5 Marques Most Commonly Recovered
 Vauxhall 1298
 Ford 1183
 BMW 678
 Volkswagen 555
 Mercedes-Benz 536