Bills

Why driving at 31mph could add HUNDREDS to car insurance bills

If you’re heading through a 20mph zone at 31mph, you could be slapped with SIX penalty points.

That’s according to new rules that came into effect earlier this year, anyway.

But there’s a second price to pay, as well as the hefty new fines, as the Mirror reports.

Drivers are being warned that, when it comes to speeding, points mean higher insurance premiums too.

“Motorists who drive over the legal speed limits are now facing harsher penalties, but what drivers perhaps don’t always realise is that they could also face additional costs in the form of more expensive insurance premiums,” said comparethemarket.com director Simon McCulloch.

Gatso speed camera

And how much would six points add to your premium? Comparethemarket calculates it will add £328 to the average quote.

“Our data shows that drivers who are handed six points can see their premiums jump by nearly 76%,” McCulloch said.

As of April, a new higher penalty was brought in.

Fines for motorists caught going well above the speed limit start from 150% of their weekly income rather than the previous level of 100%.

For example, someone who is sentenced for driving at 101mph or faster in a 70mph zone is now dealt with in a more severe bracket.

Drivers also face points, or a disqualification depending on the offence.

Fines are determined in categories – a Band A fine is 50% of someone’s weekly income, Band B is 100% and Band C is 150%.

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