Meatloaf’s Bat out of Hell may have topped a survey of all time favourite driving tracks, but motorists shouldn’t be caught driving like one.
Research suggests that when it comes to life in the fast line the blues has the most to answer for, with 49% of blues fans admitting to having committed a speeding offence. Drivers inclined to push the speedometer that bit too far should also steer clear of country and western, with 43% of listeners admitting to an offence.
Surprisingly perhaps, rock music comes some way down the list, but regardless of their record collection, drivers will be whistling a sorry tune if they’re caught speeding with added insurance costs compounding the misery of fines and points on the license.
MoneyExpert.com gives some tips for drivers who have erred from the straight and narrow.
The only way is up
More than two million convictions for speeding, resulting in points being applied to licenses, are issued every year.
These points will remain on a license for at least three years, and whilst it’s up to the individual insurer as to how these affect the drivers’ premium, it’s almost inevitable that it will rise considerably. Though insurers are now tending to be rather more lenient towards minor first-time speeding offences, three points on your license can easily add 15% to your premium. If you’re already in a high-risk category then that can equate to a hefty sum.
If you’ve collected a number of penalties and suffer a 6 month ban after being given 12 points then you can expect your premium to double.
Whilst not set the rules mean that you’re at the mercy of your insurer if your license is endorsed. It also means that insurers will differ in the penalties they apply. Consequently, if you’ve been caught for speeding it’s always worth shopping around when the time comes to renew your policy to check you’re getting the best deal available.
A last resort
Since their introduction in 1992 the number of speed cameras in the UK has shot up, and an increasing number of people are being banned through so-called ‘totting-up’ where they incur a ban by collecting four lots of three points.
In response some insurers now offer assistance in the event of a driving ban. Only available to ‘totting-up’ offenders – not those who have been convicted for reckless driving – this insurance policy will cover the cost of public transport for the period of the ban. Specialist providers such as Driving Ban Assistance, whilst making it very clear that they don’t condone bad driving, will offer up to £1,000 a month should you face a driving ban.
The best option
Clearly the best option by far is to stick within the speed limit, and obey the laws of the road. Motoring is a costly enough business without worrying about extra fines and costs, and irresponsible driving threatens not only you but other road users as well.