With negotiations continuing over the United Kingdom’s exit of the European Union, and uncertainty surrounding the terms of the Brexit deal, we want to provide an update on the potential impact on customers should the UK leave the EU without a withdrawal agreement. It is important to note that nothing has been formally agreed at this point, but clients should be aware of the potential implications on the motor insurance industry.
Guidance from the Association of British Insurers (ABI) and Motor Insurance Bureau (MIB) is that drivers should be prepared to have a Green Card when driving abroad after midnight on the 29th March 2019.
Why is a Green Card needed?
A Green Card is an international certificate of insurance which guarantees that the motorist has the necessary third party insurance cover. These certificates prove that customers are suitably insured to drive in these countries. A physical copy of a Green Card on green paper is needed when travelling as digital copies are not currently accepted. If customers arrive at the border without a physical Green Card, they will not be allowed to drive in that country.
What does it mean to our customers?
At present, The Majority of insurers that we transact insurance with, have a motor insurance policy that allows them to drive within the European Union. Cover is still in place and nothing will change.
If you are planning a trip that is completed before the 29th March 2019 then there is no change for you.
How could insurers issue future green cards?
The process of issuing Green Cards for driving within the EU is currently being implemented by a range of insurers in the UK. Until more certainty is provided about the formal agreement, the guidance in the interim is that customers should contact us,
Will there be a fee for Green Cards?
At present, we cannot confirm this as different insurers may take a different position. Historically insurers DID charge for Green Cards.
More information and FAQs
The ABI have issued more detailed guidance, and some FAQs for the industry.