Consultation outcome

Motor insurance alternatives: removal of deposit and security options

• From: Department for Transport
• Published: 7 August 2018
• Last updated: 11 June 2019 — See all updates

This was published under the 2016 to 2019 May Conservative government

This consultation has concluded

Read the full outcome

Summary of responses to the consultation and the Department for Transport response

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Detail of outcome

Summary of responses and government response.

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Original consultation

Summary

Amending road traffic legislation to remove the options of making a £500,000 deposit or obtaining a security instead of motor insurance.

This consultation ran from
10:15am on 7 August 2018 to 11:45pm on 2 October 2018

Consultation description

Seeking views on our proposal to remove the 2 existing alternatives to conventional motor insurance of:

1. deposits
2. securities

The alternatives, which would be amended accordingly, are:

• 144 (1) and 146 of the Road Traffic Act 1988
• Article 90(2)(b) and Article 93 of the Road Traffic Order 1981

Removing the options would require all persons using a vehicle on a road or public place to have compulsory third party motor insurance.

Documents

Consultation on the removal of deposits and securities as alternatives to conventional insurance

PDF, 144 KB, 13 pages

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De minimis assessment: consultation on the Removal of Deposits and Securities under 144 (1) and 146 of the Road Traffic Act 1988 (in Great Britain) and equivalent articles of the Road Traffic Order 1981(in Northern Ireland).

Ref: DfTDMA014

PDF, 163 KB, 7 pages

This file may not be suitable for users of assistive technology.

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 7 August 2018
Last updated 11 June 2019 + show all updates

1. 11 June 2019

   Added summary of responses and Department for Transport response.

2. 7 August 2018

   First published.