Crisis even among car insurers

I've just posted about the savings crisis in the UK, and how it underlies core problems in the UK economy at present. And then I just found this on Insurance Daily - One in five motorists drive without insurance. Again, it's a study from Moneysupermarket, and again it underlies the financial problems affecting the whole of the UK. The irony is that car insurance is one of those areas where consumers traditionally fight for the cheapest deal, and that insurers are often happy to try and scrape the barrel for them. The result is cheap car insurance, but with poor service. So it's pretty frightening that in a product area where consumers are generally used to getting a heap deal, that consumers would even begin to shun these. A sign of the times, or an inflated claim? Probably a bit of both, but either way, it's a another worrying signal on how badly the current financial crisis is developing.