How a driving conviction hits car insurance
Insurers are turning their backs on drink-drivers with many simply refusing to cover those convicted of driving under the influence.
Motoring trouble: Driving convictions will bump up insurance costs
As we enter the festive period when incidents of drink driving can increase, latest analysis of insurance quotations has shown that those convicted of the offence could be blacklisted by insurers, or else could face swingeing hikes in their insurance premiums.
Comparison website Moneysupermarket.com said that drivers could see their premiums increase from an average of £300 per year to £578 per year – a difference of £278.
However, other insurers will not return a quote at all to drivers if they admit to receiving a DR10 penalty for drink driving.
And some will not insure drivers if they have been handed a driving ban in the last five years.
Steve Sweeney, head of motor insurance at moneysupermarket.com said: 'On top of a massive hike in insurance premium costs, any convicted motorist is likely to find themselves with the difficult task of trying to find a provider who is prepared to insure someone with a drink driving conviction.'
According to a recent survey carried out by the Home Office, a staggering one in eight drivers - or 12% - admitted to having driven after drinking what they believed was an 'over the limit' amount of alcohol in the previous year.
Steve Sweeney added: 'A conviction could lead to a £1,000 fine, a 12-month driving ban on their licence, and even a possible prison sentence.
'It is simply not worth taking the risk – the results of doing so can be costly and very damaging.'
- Sourced by www.moneysupermarket.com 03/11/2009. | |||||
- Based on a 40 year-old male living in Maidestone ME15, with a 2006 Ford Focus. | |||||
- Parked in a driveway, travelling no more than 12,000 miles per year. | |||||
- DR10 penalty - 6 points on license, 40 MC found in blood, £1,000 fine, and 12 month ban. | |||||
Provider | 5 yr NCD - 0 Convictions | 5 yr NCD - DR10 Driving or attempting to drive with alcohol level above limit | Difference in Premium | ||
---|---|---|---|---|---|
ibuyeco | £288.32 | £682.33 | £394.01 | ||
Budget | £291.76 | £699.45 | £407.69 | ||
HSBC | £292.05 | £702.53 | £410.48 | ||
Auto Trader | £294.09 | £480.78 | £186.69 | ||
Renew Insurance | £298.76 | £517.10 | £218.34 | ||
Auto Direct | £301.69 | £480.78 | £179.09 | ||
yesinsurance.co.uk | £306.08 | £684.46 | £378.38 | ||
yesinsurance.co.uk | £306.08 | £684.46 | £378.38 | ||
motorquotedirect | £309.48 | £542.82 | £233.34 | ||
Value Car Insurance | £311.19 | £486.72 | £175.53 | ||
Kwik-Fit Insurance | £313.52 | £507.63 | £194.11 | ||
Average | £300.69 | £578.46 | £277.77 |
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