Research from Confused.com has revealed that one in five drivers have a prior driving conviction, about 924,000 people. If you hold a driving conviction, you are not alone, and this could be due to various reasons such as speeding or being ticketed for using your mobile while driving. This fact unquestionably affects your insurance premium rates. However, motor trade insurance holders may not be significantly affected.
Statistical data supports the theory that convicted drivers have higher tendencies to be involved in road accidents. As a result, insurance premiums for these drivers are often higher. The extra amount you will pay depends on the gravity of your conviction and the insurance company you are signed up with. It is advisable to survey the market as various insurance companies may view certain convictions differently than others, potentially offering you substantial financial savings.
Your insurance premium is influenced by several factors, including the make of your car, your age, location, driving history, and annual mileage. Reducing your driving distance and opting for safer car models can lead to lower premium costs.
A past driving conviction could substantially increase your premiums. However, this penalty usually lasts for a maximum of five years. Maintaining a clean record during this time means your premium costs will decrease once again.
Confused.com’s writer, Jeanette Miller, pointed out the perplexing variations in additional insurance costs depending on the specific driving conviction. Her breakdown is as follows:
Speeding on a public road: an additional 9%
Using a mobile phone: an additional 16%
Driving without due care: an additional 26%
Ignoring traffic lights: an additional 28%
Drug driving: an additional 117%
Drink driving: an additional 134%
Dangerous driving: an additional 134%
These findings raise eyebrows as convictions like drug driving cost less than drink driving, while texting while driving is proven to impair reaction time more than drinking. If you face a charge for drink driving, consulting a specialized solicitor is highly suggested.
To reduce your insurance costs, consider attending driving awareness courses and other similar programs designed to improve your skills. Insurance companies and laws view this favorably. Other strategies include moving to a ‘lower-risk’ area or choosing a home with a garage for secure vehicle storage.
