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Speeding fines and car insurance
Car insurance fraud costs £5m a week
Motor Trader
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11/07/2008 03:15. If you're caught speeding on today's roads, it's not just the fine that'll hurt your wallet. You may also find that the cost of your car insurance goes through the roof. According to research by the AA, average drivers, with penalty points on their driving licences, may have to pay as much as 20% more on their car insurance premiums, even if it's a first offence.

The research suggested that premiums for a 25-year-old would increase by an average of £42 after one driving offence and by as much as £178 after two offences. A 40-year-old woman, meanwhile, could expect to see an average rise of £28 after one offence and £116 after two.

While some insurers may not penalise those with just three penalty points on their licenses, others take a much tougher line, considerably raising the... // MSN Money UK

Total: 16 news articles, 5 photos
First News Article: Best Syndication, 29/06/2008 12:36


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