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HPI Crushwatch helps leasing firms recover £7.75m uninsured vehicles

HPI’s Crushwatch scheme helped finance and leasing companies recover uninsured vehicles to the tune of over £7.75m in November, saving the vehicles from disposal.

Barry Shorto, head of industry relations at HPI

Barry Shorto, head of industry relations at HPI

The UK-wide scheme helps lenders minimise losses and help keep roads safer by reclaiming their assets from the police.

Last year saw the scheme help finance and leasing companies recover over £67m of uninsured vehicles and 2016’s total figure is expected to eclipse that.

Barry Shorto, head of industry relations at HPI, said: “The HPI Crushwatch figures highlight that some drivers of high-value cars are also not exempt from driving without insurance, causing a risk to other road users and pedestrians. Clamping down on this is not just a safety issue but also about reclaiming vehicles across the UK which otherwise may have found ended up at auction or on the scrap heap.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.