Car insurance - the impact of speeding points

That little letter "awarding" us points on our licence ismay find it does not affect his or her policy
something we all dread and unfortunately many of usanywhere near as much as a younger driver, seen as
may experience this at one point or other during ourless experienced and a higher risk in the insurer's
driving career.eyes. Indeed, if you are unfortunate enough to be
Indeed, over the next year it is predicted that 1.5under the age of 25 and receive points on your
million drivers will find themselves landed with penaltylicence it can cost you dearly.
points. Assuming an average £60 fine, thisIt is worth noting that some police forces have
equates to around £90 million in fines.introduced speed awareness courses that in some
The big question is: just how does this impact uponcircumstances will allow you to avoid the three points
your insurance policy and does the price riseon your licence in exchange for attending a day's
exponentially with each successive set of points youcourse.
receive?This is only offered to those who have exceeded
The answer it seems can be both yes and no. Mostthe speed limit by a small margin (for example less
insurers say that for a single speeding offence,than 38 mph in a 30 mph zone). Some forces
especially one dealt with without need for a courtoperate a lower tolerance level than this - and don't
appearance and where the driver is otherwiseforget that you will be charged for attending the
considered to be "low risk", the cost is likely to becourse, usually the same amount as the fine would
fairly minimal.have been. And you will have to take a day off
However, all that changes for a second offence.work.
According to communications company Tiscali youOf course it is best if you can avoid getting points on
can expect your car insurance policy to rise by 30%your licence in the first place, if you can help it.
on average if you are caught speeding twice and aDriving responsibly and within the speed limit will help
possible 60% if you are caught speeding for a thirdensure the safety of not only yourself but those
time within a 5-year period.around you.
Of course, things are not always as clear-cut as thisIf you do find yourself on the receiving end of a set
and many other factors can affect the way thisof points the best thing you can do is to shop around
impacts on your policy. If you have also suffered anand not accept the first quote you receive.
accident and claimed on your insurance policy, thisIt is also important you don't "forget" to tell your
combined with the points you have received caninsurer of your points as you will find your motor
cause a much bigger rise than either factor takeninsurance policy instantly voided should they find out
into consideration separately.you have not disclosed them.
An older driver with several years' no-claims bonus