Speeders insurance rises

Insurance companies, affected by an increase in claims, have increased insurance premiums for those with points

The average premium has increased by about £180 from last year to £1000. Some companies won’t increase a premium if there is one indiscretion on the licence, but drivers that have multiple convictions will see a rise. The insurers are increasing the cost to fill the hole in profits by the increase in claims during the recession.

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One Response to “Speeders insurance rises”

  1. Ken Lines says:

    In the majority of cases so called ’speeders’ are guilty of nothing more or less than exceeding a purely arbitrarily set speed limit. The majority of the limits bear no relationship to any risk or danger. I fail to see how any ‘conviction’ for speeding, on its own, can justify an increase in insurance premium. Many years ago, when I first started to ride bikes, there was no national limit. We bought our bikes, we modified them and tuned them and three figure speeds were common, I was once waved past by a police driver who, himself, was already travelling at 100mph. Then the law changed and the 70mph limit appeared applicable even on motorways which had been designed for sustained 120mph cruising. Overnight speeds of well into three figures, which the day before were normal, frequently achieved and LEGAL suddenly became ‘reckless’, ‘dangerous’ ’suicidal’ etc. No one will ever convince me that the introduction of the current artificially low, arbitrarily decided NSL is anything other than just another devious way of raising money for an overstretched government.

    Ken.

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