Speeding Can Dent Car Insurance

Published Date: 22nd Mar 2006

Being caught speeding can triple the cost of one's car insurance, according to new figures.

The findings show that it is not merely important to drive safely to protect one's safety but also to protect one's wallet.

Richard Mason, director of insuresupermarket.com, told website myfinances.co.uk: "Our research has shown that premiums could increase by as much as £476.39 after one speeding offence (six points) under the new proposals, and once you?ve had your licence revoked, it will cost you almost ?860 to get insurance.

He added that when it comes to road safety "points really do mean pounds ? and lots of them."

View our latest Discount New Car Prices