Speeding and insurance premiums

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Adly812
Adly812 Posts: 558 Forumite
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in Motoring
If you receive a speeding ticket and 3 points . How much on average does it hike up your renewal insurance rates?
Does the SAC effect your renewal price?

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  • Geodark
    Geodark Posts: 1,048 Forumite
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    Its years since I had points, so dont know about now - but back then one ticket made very little difference to my insurance - but that was near on 10 years ago.
  • Nathaniel_Essex
    Nathaniel_Essex Posts: 159 Forumite
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    Speeding is so common it hardly has any affect. In fact, I recently renewed after getting points and my premiums went down!
  • Johno100
    Johno100 Posts: 5,259 Forumite
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    Smb3088 wrote: »
    If you receive a speeding ticket and 3 points . How much on average does it hike up your renewal insurance rates?

    Likely very little, especially how competitive the insurance market is. Even if your existing insurer adds a chunk on they'll be others out there that won't. Plus of course at the next renewal you'll be a year older and have an extra years No Claims (assuming you're not already at the max) so that'll mitigate any loading.
    Smb3088 wrote: »
    Does the SAC effect your renewal price?

    As far as I'm aware only Admiral Group of insurers ask about and load for SAC's.
  • Adly812
    Adly812 Posts: 558 Forumite
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    Thank you, I have like 5 years no claims, 3 years no claim I think is the max they!!!8217;ll discount on.

    Did you receive the points or do the SAC? How long does your liscense hold the points for before they!!!8217;re wiped off and forgotten?
  • Indout96
    Indout96 Posts: 2,344 Forumite
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    Aviva will sting you hard.
    I got my first speeding fine last February (driving since 1979) and reported it to Aviva. They added an additional charge of £44.45 for the rest of the year which equated to £66.70 for the 12 months on an initial premium of £300.70
    So over 20% increase for 3 points in 38 years
    I have 11 years NCB previous to that I had a specialist American car policy that did not use NCB but had not had an accident since 1996
    Not sure what effect it had on this years insurance as I did not do a "no-points" comparison.
    Totally Debt Free & Mortgage Free Semi retired and happy
  • oscarward
    oscarward Posts: 897 Forumite
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    Yes Aviva charge for points but direct line has very little difference. What they do is add a bit to the premium and change the compulsory excess to something higher.
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