Insurance against loss of licence

[Chamelion]

http://www.news.com.au/story/0,23599...rom=widget_rss

IN an Australian first, an insurance company will allow motorists to insure themselves against losing their licences.

Ezy Insure will offer what it calls loss of licence assistance, covering drivers for up to $1000 a month to offset the expense of alternative transport while their licence is suspended, Fairfax reports.

The policy was designed for good drivers who fell victim to revenue-raising, National Underwriting Agencies spokesman Noel Johns said.

"Thousands of Australians are being penalised for minor transgressions each day and the loss of their licence can really affect their work and family life," Mr Johns said.

"There are over 10.5 million registered passenger vehicles in Australia and the majority of the drivers of those vehicles are trying to do the right thing.

"But with the increase of fixed cameras and other devices, people are getting tired of being booked for a few kilometres over."

VicRoads figures show 33,082 full-licence drivers had 12 or more demerit points at June 30 last year.

A further 12,132 had 11 demerit points and 22,844 others had 10 demerit points.

Victorian drivers can lose up to 12 demerit points before their licence is suspended for a three-month period.

The Victorian government and police deny speed cameras are used to raise revenue.

Could be usefull for those that tend to lose their licence.