Connect with us

Top Stories

MAY DAY MAYHEM TO COST MOTORISTS £21 MILLION

MAY DAY MAYHEM TO COST MOTORISTS £21 MILLION
  • Over 10,500 accidents estimated for Friday, April 28for bank holiday weekend
  • Spike in accidents to cost UK motorists’ insurers more than £21 million
  • Heavy traffic and April showers – and snow – could take their toll on UK motorists 

Bank holiday motorists are heading toward the worst day of the year for accidents, according to the latest statistics from Accident Exchange.

In 2016, Friday April 29 recorded the biggest spike in accidents of the year, recording a rise of more than 75% on the average.

A combination of spring showers, possible snow and Northern Rail strike action could be the root cause, after data analysed by accident aftercare specialists Accident Exchange identified that the Friday of the May bank holiday sees more accidents than on any other day.

The surge in crashes suggests that there will be over 10,500 accidents on the 28th April this year, compared to 6,000 on an average day, as motorists take to the road for their long weekends.

With the average repair costing motorists around £2,050, the charge toward the first May bank holiday weekend could end up costing motorists’ insurers more than £21 million.

Scott Hamilton-Cooper, Director of Operations at Accident Exchange, commented: “A high volume of motorists rushing onto the roads to take advantage of the long weekend and traditionally poor weather conditions means that a spike in accidents comes as little surprise.”

The accident doomsday also saw nearly eight times the number of accidents than the least accident-prone day, December 25th.

The study examined 27,000 accidents recorded by Accident Exchange between January and December 2016.

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Recommended

Newsletters with Secrets & Analysis. Subscribe Now