Don't you just love car insurance companies?

[Nod]

Saved me answering!

 

[onomatopoeia]

Not quite that simple.
You have to lodge a (very) considerable sum of money or surety (minimum 7 figures) with Lloyds in order to do so.

I know, though it's £500,000 lodged with the accountant general of the senior courts last I heard. It remains an option for those upset about being compelled to pay insurance companies though.