The latest survey results indicate that a significant number of drivers in Lithuania, particularly those aged between 26 to 45 years, have driven without valid compulsory insurance. According to the data, one-third of these drivers admitted to forgetting to renew their insurance contracts, while 32% were under the impression that their insurance was still active. This points to a concerning trend where drivers are often unaware of their insurance status, potentially leading them to engage in risky behavior on the roads.

Furthermore, a portion of respondents acknowledged that financial limitations or infrequent car use were contributing factors in their decision to drive without insurance. The head of insurance product distribution at Swedbank, Gediminas Marius Pakeltis, highlighted that this situation raises serious financial risks. Even a brief drive can result in an accident, potentially incurring costs that far exceed any savings gained from avoiding insurance payments.

Additionally, the report underscores the legal implications of driving without valid insurance, which carries administrative fines ranging from 50 to 120 euros in Lithuania. This legal framework serves as a warning to drivers about the consequences of neglecting mandatory insurance, encouraging them to be more proactive in renewing their policies to avoid penalties and ensure road safety.