DNA Insurance

DNA Insurance

September 29, 2010 01:00 ET

Motor Trade Insurance Company, DNA Agree With AA's Request to Halt Fuel Hike

ESSEX, UNITED KINGDOM--(Marketwire - Sept. 29, 2010) - DNA Insurance have voiced their support for the AA's appeal to the government to refrain from increasing fuel duty.

The government plans to impose a penny diesel and petrol hike due next month, on 1st October. However, the AA have warned that with other factors already contributing to motorists' costs, the price of fuel could be as high 120p a litre in the new year.

Motor Trade Insurance specialists, DNA Insurance feel that the continual increase in fuel is not only unfair on normal drivers, but particularly on their customers who run whole fleets of cars and have had to tighten their belts as it is recently.

Danny Imray of DNA Insurance, said: 'Our customers working in the motor trade have faced some very tough times during the aftermath of the recession. For those who have survived the recession and are just getting back on their feet, the increase in fuel duty will be another blow for them and unnecessarily delay their recovery'.

Economic recovery is hugely important to the industry at the moment and DNA agree with the AA's admission that the government have a VAT windfall of at least 1p a litre, so plans could be shelved to help this recovery.

Motorists are already facing fuel increases due to rising crude oil prices and the weaker sterling, plus planned a increase on VAT to 20% in January.

Although average UK fuel prices dropped for fourth month in a row during the last month, drivers are still paying £4.36 a tank more than a year ago, says the AA.

DNA Insurance are completely backing the AA's plea to the government in a bid to ease the pressures facing the motor trade.

The insurance experts specialise in a range all areas and are able to offer the lowest prices from the UKs top insurers. If you are looking for traders insurance, DNA Insurance guarantee to save you money on your policy.

About DNA Insurance:

DNA Insurance is a leading UK insurance broker based in Romford, Essex where they provide motor trade insurance. By searching some of the biggest insurers in the UK they can offer bespoke motor trade insurance policies. To find out more about DNA Insurance, visit their website at: http://www.dna-insurance.com or call their customer service on: 0844 573 2400.

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