According to a study conducted by Confused.com, 20% of all motorists have an already established driving conviction – that’s more than 924,000 people. So if you’re part of this statistic, you’re not alone. Whether you were caught speeding or pulled over because you were using your mobile phone, this is going to have an impact on your insurance premiums – that much you can be sure of. But if you have motor trade insurance, then you won´t have to worry much.
Statistically, drivers with convictions are more likely to have an accident on the road; your insurance prices will reflect this. Of course, the amount of money you have to pay on top of your current premium costs is down to the severity of your conviction and the insurance company you choose. It’s wise to shop around, as each insurance company has sympathies towards different convictions. You could potentially save yourself hundreds of pounds by doing your research.
How Is Your Insurance Premium Established?
When an insurance company endeavours to establish your premiums, they’ll look at what type of car you own, your age, where you come from, your motor history, and the miles you cover behind the wheel. Although you can’t help some of these factors, you can dramatically bring down the price of your vehicle by choosing a safer model, rather than a super sports car. You can also try to use public transport more frequently, in order to keep your mileage rock bottom.
One thing that can set you back a lot of money, however, is a previous driving conviction. Usually, these only stay on your licence for a maximum of five years, so if you keep your record clean as a whistle, your premiums will drop again once you’ve weathered the storm.
How Much More Should You Expect to Pay?
According to Confused.com writer, Jeanette Miller, the amount of money you have to pay extra, depending on your conviction, is baffling. If you’d like to see the entirety of her results, click here.
Speeding on a public road: 9%
Using a mobile phone: 16%
Driving without due care: 26%
Ignoring traffic lights: 28%
Drug driving: 117%
Drink driving: 134%
Dangerous driving: 134%
These findings have caused confusion for many. Drug driving will cost you less than drink driving. Even texting on your mobile phone has been statistically shown to slow down a driver’s reaction time more than drink driving.
Seeing as it’s the conviction that poses some of the worst possible risks, if you’re accused of drink driving, always hire a drunk driving solicitor to defend you in court.
To bring down your costs, you can attend driving awareness courses and other such programmes set to make you a better motorist, in the eyes of the insurance companies and the law. You can also consider moving house somewhere considered ‘lower risk’ and choose a house with a garage, so your vehicle will be safer than when it is parked on the road.