The holiday season is well upon us.
Time to let loose, have a drink with your friends and family.
However, there is never a good time for you to be drink driving.
Unless you live in a cave, you would probably already know that drink driving is against the law.
Thus, we are instead, going to talk about some insurance-related issues on drink driving.
There are so many urban legends about drink driving, we might as well put some to rest.
You may not have coverage, even if you stay within the legal limits.
The prescribed limit in Singapore is either
(a) 35 microgrammes of alcohol in 100 millilitres of breath; or
(b) 80 milligrammes of alcohol in 100 millilitres of blood.
As long as you stay within this prescribed limit and are not convicted by the Police, you should have insurance coverage right?
Well, it depends.
Some of the car insurance policies in the market state that you must be not be intoxicated under the influence of alcohol and/or drugs
Conviction is only one way to confirm that you are intoxicated.
However, as long as alcohol is detected in your blood, the insurers have the right to deny cover for the drink driving accident.
You can be charged under Road Traffic Act 67(a) even when you are within the limit
Another reason for not drinking and driving even when you are within the prescribed limit is that the Police can charge you for not being in proper control of your vehicle due to alcohol.
If you have an accident and found to have consumed some alcohol, you will be prosecuted.
We did mention previously that a conviction is a way for the insurer to avoid the policy.
Your insurer will not pay for the damages to your car and to anything you hit.
No problem right?
You are going to have your license suspended so you are going to scrap your vehicle anyway.
How about those 8 vehicles that you chain-collided into when you were under the alcohol mist?
Your insurer is not going to pay on your behalf.
The other vehicle-owners are angry at your dangerous act.
They will sue you for their damages and you, my friend, are likely incur a huge debt.
The injured victims caused by your drink driving will be compensated by your insurer.
But you are not getting off scot-free.
Under the Motor Vehicle (Third-Party Risks and Compensation) Act, your insurer will pay for the injuries or fatalities that you have caused due to your drink driving.
However, they will recover the whole sum that they have paid.
It will be a hefty sum.
We are talking about multiple serious injuries that could very possibly amount to millions.
Not convinced? Read this and this
700k and 1.64 million were compensated towards the motor accident victims.
Unless you are a rich man, we can reasonably assume that you will become bankrupt.
If you are one, you may just lose your entire fortune.
Just because you do not want to pay for a valet.
What you will face if caught drink driving.
You will be charged in Court, resulting in a fine, license suspension and likely a jail term if you have injured or killed anyone in an accident.
The papers will publish your handsome mug or pretty face if you are convicted of anything.
Your victims and also your insurer will sue you for compensation, resulting in bankruptcy or loss of the fortune that you have painstakingly built up.
Even if you are a selfish sociopath that does not care for others, this should matter to you – you could also die as a result of your own drink driving.
Now that you fully realise all the consequences of drink driving, we hope you will stay safe during this festive period.
Drink in moderation and never drink drive.
www.ClearlySurely.com aims to eradicate the knowledge gap between consumers and Life Insurance. Our Vision is that one day, every Man, Woman, and Child will be properly insured.