insurance renewal.

steveh · World Chat Champion Joined: 24 Aug 2004 Karma :

Well my insurance is up soon, and within the 12 months i had it, i gained 3 lovely points for speeding (sp30)
Im just wondering what sort of difference this makes to my premiums, ive heard it does, and ive heard it doesnt.

many thanks, steve.
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Resurrection · Ballast Boy Joined: 08 Jun 2006 Karma :

That all depends on wether you go searching for a new policy and declare it.

I know a couple of people that have 6 points and just let there policy renew without speaking to anyone etc

Res
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ZX9r

rvfdan · Derestricted Danger Joined: 26 May 2007 Karma :

I was always told (dont know how true it is though) that most places let you off one speeding conviction. I got a summons and received 6 points all in one go for speeding a few years ago, and i don't think it made much difference. Although it was six points and a big fine, it was still only 1x SP30 on the license. Im sure my quote the following year was about £50 cheaper.

It was in 2002 though so it may well have changed.

fire · World Chat Champion Joined: 06 Feb 2006 Karma :

fire · World Chat Champion Joined: 06 Feb 2006 Karma :

Ichy · World Chat Champion Joined: 15 Jul 2005 Karma :

It was on the news recently that a number of insurance companies are no longer taking notice of a speeding conviction since some ridiculous percentage of people have one.

Probably only affects cars though. Rolling Eyes

It hurts me to say it but don't hide it from the insurance, you can guarantee that they will use it if you have an accident and didn't declare it.

purplepower · Renault 5 Driver Joined: 20 Sep 2005 Karma :

Carole Nash told me a few years ago that they don't count the first speeding conviction, but I suppose like anything age and length of time with licence may affect it too.
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Mooncatt · Brolly Dolly Joined: 08 Dec 2006 Karma :

some insurers take it into account and it will effect your premiums, some insurers dont bother. however if you dont let your insurer know about it and you have a claim and they find out about the fine they are well within their rights to null your policy as they consider it non-disclosure.
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