Motoring news - Drivers including low mileage car insurance holders scrap cars

Car insurance news - Low mileage and other drivers can scrap cars for charity

Regardless of whether a motorist takes out a low mileage car insurance policy, a women's car insurance policy, or any other policy, cars don't run forever and some drivers may have to buy a replacement for a car worn out beyond repair.

However, according to a report, drivers who choose to have an old car scrapped may be able to raise money for charity during the process.

Giveacar, a not-for-profit social enterprise, has been named the only finalist from the UK in the BBC World Challenge 2011 for their initiative which helps to break down unwanted cars into raw materials which can then be sold on.

In the final stage of the competition, Giveacar stands against eleven other companies which have also been deemed to be innovative and effective social enterprises.

Giveacar, run by 25-year-old Alex Harvey, donates money made from selling the raw materials on to a charity of the motorist's choice. If a donated car is worth more than its scrap value, it will be sold at auction and the proceeds will, similarly, go to charity.

Mr Harvey said, "Winning the award would help us to spread the message that even scrap cars can make a difference. And because we are a not-for-profit company, all the prize money would be channelled into getting old cars off the roads and more money into the hands of the charities that need it most."

When a driver buys a new vehicle they must ensure that they purchase suitable motor cover, such as a low mileage car insurance policy or a young driver's insurance policy, or inform their insurer that they are changing their vehicle, before they drive it on the road.