Speed awareness course = Higher premiums!

Paradigm

http://www.bbc.co.uk/news/uk-20328860

Given that the SAC is, supposedly*, to educate drivers in the hope they see the error of their ways & drive with greater care.... shouldn't attending such a course actually lower premiums?

* Assuming it's not just a money making scheme

Sgt_Pepper_2

Declaring a course is providing the insurance companies with evidence you speed. Would that in their book not make you A greater risk?

Quentin

That's old news. Bbc must be desperate for a diversion!

This has been going on with admiral group over 3 years.

See this thread from April 2011:

https://forums.moneysavingexpert.com/discussion/3202070

No others have been reported copying them.

Hintza

I was wondering about this today.

Surely they will only know if you tell them?

By that I mean any data held, that says you have attended a speed awareness course will be subject to data protection etc, that an insurer should not be able to access?

Quentin

Sgt_Pepper wrote: »

Declaring a course is providing the insurance companies with evidence you speed. Would that in their book not make you A greater risk?

It shouldn't - courses only get offered to those caught just over the speed limit, rather than racers who go straight to points/fine or court.

How many can say they never have done that?

But if you have been caught and then attended a SAC maybe you become a lesser risk as a result of the course making you a better driver than the rest who haven't been caught yet?

Sgt_Pepper_2

Hintza wrote: »

I was wondering about this today.

Surely they will only know if you tell them?

By that I mean any data held, that says you have attended a speed awareness course will be subject to data protection etc, that an insurer should not be able to access?

Wouldn't that be the same as convictions?

Quentin

Hintza wrote: »

....Surely they will only know if you tell them? .......

Any benefit of lying to an insurer on your application is far outweighed by the (lifetime of) consequences if you get found out.

There's no need anyway.

It's not as if admiral are the best around!

rdwarr

I can see how somebody who's been caught speeding may be considered a greater risk than somebody who hasn't. It's not necessarily the speed that's the issue but the lack of ability to spot a big yellow camera box or police car on the road. And, yes, you do have to tell them.

redux

I can't see any reason to insure with Admiral anyway. Its quote was £24 less than double what I pay now.

sarahg1969

Sgt_Pepper wrote: »

Wouldn't that be the same as convictions?

No. A conviction is a matter of public record.

There is no public record of SACs.

sarahg1969

rdwarr wrote: »

I can see how somebody who's been caught speeding may be considered a greater risk than somebody who hasn't. It's not necessarily the speed that's the issue but the lack of ability to spot a big yellow camera box or police car on the road. And, yes, you do have to tell them.

You only have to tell them if they ask. Which most insurers don't.