Scotland, United Kingdom (PressExposure) May 02, 2009 -- Leading insurance intermediary Kwik Fit Insurance hopes the Chancellor will today adopt the proposed vehicle scrappage scheme. This would take vehicles over 8 years and producing greater than 150g/km of CO2 off the road while compensating owners for their replacement.
Brendan Devine, Managing Director of Kwik Fit Insurance said, âVehicles over 8 years can be both environmentally damaging in terms of increased emissions and more prone to breakdown. As an insurer, we also know that thereâs an age when the decreasing value of an older car means itâs more likely to be written off than repaired, giving the owners disposal headaches.
âThis scheme has proven to be very popular in Germany and we see real benefits to motorists, the environment and to improved road safety. It will undoubtedly also deliver much needed benefit to the ailing motor industry.â
Insuring almost half a million motorists in the UK, Kwik Fit Insurance actively champions several road safety initiatives, including the annual Lollipop Person of the Year awards and National Road Safety Week.
Brendan Devine added, âThe Chancellor has very little money to play around with in this Budget but weâd argue that the vehicle scrappage scheme would deliver genuine benefits which would be worth the relatively small investment to obtain.â
Issued by The BIG Partnership on behalf of Kwik Fit Insurance.
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Note To Editors
Kwik Fit Insurance Services was launched in 1995 and has grown to become one of the UK's leading motor insurance distributors, as well as a major presence in home insurance and other markets.
The companyâs award-winning call centre in Uddingston, Lanarkshire, now employs almost 1000 people, and was named top insurer (17th overall) in the Sunday Times 100 Best Companies to Work For 2009.
Since its launch in 1995, Kwik Fit Insurance Services has grown and developed into one of Scotland's most dynamic contact centres.
Kwik Fit Insurance Services is part of the Kwik Fit Group owned by private equity firm PAI Partners.
The philosophy of the business is to provide the best possible service to customers.