More than a million cash-strapped motorists are driving on Britain’s roads with accident-damaged vehicles, new research suggests. Tens of thousands could be unaware that the safety of their vehicles has been compromised by minor prangs, according to Accident Exchange, which calculated the estimate. As petrol prices soared, annual car travel fell by over nine billion miles according to Department for Transport figures – or 2.9 per cent – between 2006 and 2012.

While the number of accidents remained largely static, the percentage reported to the authorities fell by 2.2 per cent and the number of recorded repairs fell even more significantly – a massive 21 per cent says Trend Tracker, specialists in automotive market research.

That leaves an estimated 1,092,000 drivers who opted not to have their vehicles repaired following an accident in the last 12 months alone. Analysts at Accident Exchange, which supplies courtesy vehicles for crash victims, says that a combination of crippling insurance costs and squeezed household incomes have underpinned the potentially worrying trend.

With motorists maximising excesses in an effort to reduce insurance premiums, the financial impact on already stretched household incomes has seen a rise in ‘delayed repairs’.

Accident Exchange CEO, Steve Evans, said: “The double whammy impact of losing their No Claims Discounts and paying increased excesses on insurance claims has seen the number of private settlements between fault and non-fault drivers rise.

“The innocent party is then choosing to pocket the money rather than seeking to repair what they see merely as cosmetic damage.”

For a driver with a £500 excess, cosmetic damage caused by a car parking bump or lower-speed accident is often cheaper to settle privately rather than claim through their insurance policy. Some insurers are offering excesses as high as £750, which can dramatically reduce monthly premiums, but one in three motorists admits that they could not afford to pay the excess they agreed to on their policy. The risk is that damage done by minor prangs is more than cosmetic and that the structural integrity of the vehicle may be compromised, despite not being visible.

Components at the front of the car such as the ‘crash box’, radiator or airbag sensors, if damaged or moved even at low speeds, could compromise the effectiveness of the car’s safety features in the event of another accident. At speeds of under 10mph, this safety feature will minimise repair costs but any weakening of the crash box could hinder its ability to dampen the effect of future collisions, decelerate the vehicle and protect those in the car from serious injury.

For more on Accident Exchange services visit www.accidentexchange.com