More than a third of motorists are left out of pocket after being involved in a road traffic collision that was not their fault, new research has revealed.
As many as 36 per cent of drivers surveyed by the RAC said they had lost out financially following an accident.
The majority of these (21 per cent) stated they had to pay their insurance policy excess while eight per cent said they had to fork out for travel expenses such as a hire car as a result of theirs being off the road or written-off.
Four per cent claimed to have suffered loss of earnings and three per cent had to cover the cost of making a personal injury compensation claim.
The average amount paid out by motorists we surveyed to cover policy excesses in non-fault insurance claims is £215 – with 41 per cent stating they had to pay between £150 and £349.
Those who had incurred travel expenses after their collisions on average had to pay £588.
And, those who had to fund their own personal injury compensation claims, paid over an average of £2,036, but the highest uninsured losses figure recorded was for loss of earnings at £3,091.
Of all the 2,062 motorists questioned around a fifth (19 per cent) admitted they had been involved in a car accident in the last five years and of these more than two-thirds (69 per cent) said the other driver had been ‘at fault’.
RAC Legal Services general manager Paul Evans said: “Many people believe that the at-fault party’s insurer will cover all the costs following a collision, but this is not the case as even in the best scenarios drivers still have to pay their excesses which could easily be £150 or more.
“Add in to that travel expenses, loss of earnings and the cost of making a personal injury compensation claim and it must surely be wise to make sure you have cover.
“The vast majority of motorists we surveyed (79 per cent) believed motor legal expenses insurance cost £20 or more, no doubt due to the typical cost of such a policy being around £30.”