Home Car Insurance How Can Speeding Points Affect Your Premium?

Car Insurance How Can Speeding Points Affect Your Premium?

Press Release: January 22, 2010

The latest revelations that drivers with speeding points on their licence fork out up to £1,000 on a car insurance quote is hardly surprising. The basic premise of car insurance is to provide the lowest risk to the insurer as possible, therefore obtaining a cheap premium. However, the cost of insuring a driver with driving infringements sky-rockets regardless of whether they are reformed and more careful as a result of previous convictions.

As well as the risk to the insurer, brokers are also raising premiums to penalise convicted drivers in an attempt to salvage a return after a difficult couple of years for the car insurance industry during the recession.

There is a modicum of common sense involved by car insurance providers, with drivers holding just one speeding conviction still able to receive a competitive quote as opposed to serial offenders.
When you push and break the speed limit to reach your destination just a few minutes faster, consider the overall effect this could have on your driving licence and any future financial outlays on your car insurance.

CompareInsurers.com is managed by a team of car insurance professionals and car enthusiasts. Our aim is to enable you to find all the information you need to get a competitive UK car insurance quote. With over 50 UK car insurance providers, you can be sure of finding the quote and the information you need.

Notes to editors

For more information, please contact:

Lewis MitchellLewis Mitchell

Email: [email protected]@compareinsurers.com

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