The UK Insurance Blog

The article “Careless drivers hit by long-term financial penalties” observes how we have to pay up in the long run for driving without due care.

The UK comparison site for car insurance, Confused.com warns that anyone with a licence stacked up with penalty points will have to pay up to £370 more for their car insurance than a driver with a clean licence. This is an increase of about 60%. If you are a young driver, you can expect to be severely penalised for gaining penalty points.

The article observes that a 21 year old woman in Manchester who has a 1.3 Fiesta could have her car insurance premium increased by a horrendous 92% due to receiving 6 penalty points on her licence. In monetary terms, this could be as much as £895. If she were to get herself further weighted down with another three points, her insurance could increase by 210%.

But it is not just the young drivers who are penalised, women aged fifty and above suffer higher insurance premiums than men when they get penalty points. A 55 year old woman with a 3 litre BMW M5 receiving 6 points on her licence would expect her insurance to rise by 81%, while a man with similar credentials would expect to get only an 49% rise in his insurance payments.

Insurance companies are additionally interested in whether you have received points on your licence in the previous five years. This means that your premiums could be affected long after your points have expired.

It doesn’t appear as though tough premiums are much of a deterrent for bad driving with over 3.2 million motoring convictions levied in the last year. Despite this, the insurance companies are keen to remind us that our premiums will be affected if we continue to make bad decisions while on the roads.

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