Home PageFacebookRSS News Feed
PocketGPS
Web
SatNav,GPS,Navigation
News: Insurers targeting speeders with steep rise in premiums

pocketgpsworld.com
First time speeders are finding that it's not just the fine that is hitting their wallets.

Insurers used to overlook the first speeding offence when calculating insurance premiums but attitudes have changed. The previously relaxed attitude to first time offenders has gone with many insurers now loading motor policies for first time speeding convictions.

This equates to an increase in premiums of 10% for drivers in their forties and rises to more than 20% for drivers in their twenties for a driver with three points on his or her licence. Drivers with more than nine points can expect their premiums to rise by more than half.

In many cases the premium increase can cost you far more than the actual fine. Insurers are basing these new costs on data that shows drivers with a poor driving record are more likely to make a claim than those who hold clean driving licences.

And if you're convicted of using a mobile phone whilst driving, the outlook is even bleaker. Premium increases of 60% are commonplace and some insurers will no longer automatically quote for a renewal.

Click here to read more...

Click here to discuss...

email icon


Posted on Wednesday, March 21 @ 09:47:22 UTC by Darren Griffin

 
Related Links

· More about
· News by Darren Griffin


Most read story about :
TomTom Announce Navigator for Smartphone, Symbian and Sony P900


Article Rating

Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad


Options


 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend


Sorry, Comments are not available for this article.
Make a Donation



CamerAlert Database

Click here for the PocketGPSWorld.com Speed Camera Database

Download Speed Camera Database
22.044 (24 Apr 24)



WORLDWIDE SPEED CAMERA SPOTTERS WANTED!

Click here to submit camera positions to the PocketGPSWorld.com Speed Camera Database


12mth Subscriber memberships awarded every week for verified new camera reports!

Submit Speed Camera Locations Now


CamerAlert Apps



iOS QR Code






Android QR Code







© Terms & Privacy


GPS Shopping