‘Points on licence put pounds on insurance’

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Penalty points on driving licences are costing Leeds motorists more than £1m per year in higher insurance premiums, according to new research by MoneySuperMarket and the Institute of Advanced Motorists.

Drivers with one to three penalty points have paid five per cent more for their insurance than someone with no points at all in the last year.

And those with 10, 11, 12 or more have faced insurance hikes of more than 80 per cent.


Across the UK licence points have cost motorists over £132 million, the research found.

Kevin Pratt, insurance expert at MoneySuperMarket, said: “Insurers want to know about your motoring offences so they can build up a picture of what kind of driver you are.

“The more points they see for offences such as speeding and careless driving, the higher your premium will be.

“A typical £500 premium would increase to around £525 for someone with just a single three-point speeding offence.

“But someone with six points on their licence could see their premium leap to £625.

“Drivers with points on their licence should shop around and compare prices when it is time to renew their insurance as it is highly likely they will get a cheaper offer with another provider.

“The message is simple: points on your licence puts pounds on your premium.

“So stick to the speed limits and drive with care, courtesy and attention to avoid unnecessary costs.”

Sarah Sillars, IAM’s chief executive officer, added: “If people don’t understand the safety dangers of the offence they have committed which has earned them the penalty points, they should certainly understand the damage it will do to their bank balances.

“Someone with multiple points and fines is paying through the nose for car insurance. Driving safely could put thousands back into your pocket.”