If you have had a driving conviction in the past then it can make it more difficult to find insurance in the future. One of the most common driving convictions is for speeding and with hundreds of people being killed each year as a result of drivers exceeding the speed limit, the UK government is cracking down on speeders with increased speeding convictions and penalties.
How speeding fines work
If you are caught exceeding the speed limit, either by police or by a speeding camera, you can expect to face one of the following:
- A verbal warning or Fixed Penalty Notice (FPN)
- First time violators may be asked to attend a speed awareness course that you will have to pay for
How do speeding offences affect car insurance?
Speeding convictions can considerably impact your insurance costs in the future. Insurers see those with speeding convictions as a much higher of making a claim in the future that will be reflected in their premium costs. In some cases, a speeding offence can raise your insurance premiums by 34% on average.
Unfortunately there are some insurers out there that won’t insure drivers with points on their license but there are still opportunities for those with speeding convictions in the past to secure insurance in the future through certain providers.
Can you save on car insurance after a speeding conviction?
Luckily, for those with speeding convictions, there are ways in which you can prove to your insurer that you are a trusted driver, ultimately reducing insurance costs. One of the most popular routes for saving money on car insurance is to take part in a speed awareness course.
These are offered to those who are caught speeding for the first time in place of a fine. The course has to be paid for by the driver caught speeding and will cost more than the initial fine, but you will avoid any penalty points on your license, ultimately avoiding costly insurance prices in the future. So whilst the initial cost will set you back more than simply accepting the fine, those penalty points can end up costing you much more in the future.
Another way to help save money on your insurance is to use a specialist website to compare convicted driver insurance quotes. Different lenders have different criteria for their policyholders, so it is important to shop around in order to find the right deal for you.