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Car insurance for drivers with speeding offences

Read our guide to find out how speeding offences can affect the price of your car insurance.

Speeding is the most common driving offence, but what effect do speeding convictions have on your car insurance prices? Find out in our guide, and start saving by comparing car insurance quotes from specialist providers.

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About speeding offences

According to figures from RAC, one in seven UK drivers has been caught speeding since 2009 — so it’s no surprise that speed offences are the most common driving conviction.

If you’ve been caught speeding by a camera, you will receive a Notice of Intended Prosecution (NIP) within 14 days of the incident. The NIP will explain the action being taken against you, which will depend on the severity of the offence. If you’re pulled over by a police officer they will explain the next steps to you.

For minor offences, you may be issued a fixed penalty notice of up to £100 and points on your licence. In more serious circumstances you will be asked to attend court where you may be subject to a fine of up to £2,500, and for the most serious offences you may be temporarily disqualified from driving. So-called instant bans are usually given to drivers who exceed the speed limit by more than 45% or 30mph (e.g 51mph in a 30mph zone or 100mph on the motorway).

If your offence is considered to be minor you may be offered a place on a speed awareness course instead of a fixed penalty notice. If you meet the conditions of the course you will not receive any points (also known as endorsements) on your licence.

If you do receive points on your licence, these will be identified by a code so the DVLA can identify the type of offence you have been convicted for:

SP10 – Exceeding goods vehicle speed limits
SP20 – Exceeding speed limit for type of vehicle (excluding goods or passenger vehicles)
SP30 – Exceeding statutory limit on a public road
SP40 – Exceeding passenger vehicle speed limit
SP50 – Exceeding speed limit on a motorway
SP60 – Undefined speed limit offence

What effect will speeding offences have on my car insurance costs?

Unfortunately, fixed penalty notices are not the only cost you have to consider if you have committed a speeding offence — it’s likely your car insurance costs will be affected too.

Insurers’ data shows that drivers with speeding offences are more likely to make a claim, so many increase their premiums to reflect this risk. How much your premiums will rise will depend on the severity of the speeding offence and whether you have any previous driving offences. Some insurers are lenient for first offences while others refuse to cover drivers with any points on their licence, so it can pay to shop around.

It’s important to be honest with insurers when renewing your policy. If you don’t declare your speeding offences when asked you could invalidate your insurance and face a hefty bill in the case of any claims. On top of that, it will become even harder to find affordable car insurance in the future.

How can save on car insurance if I have a speeding offence?

If you’re worried your car insurance costs will increase after a speeding offence, there are measures you can take to keep costs down.

If you’ve been offered a place on a speed awareness course, consider taking the course instead of the points on your licence. By avoiding penalty points you may also avoid a rise in your insurance premiums, and you’ll also gain valuable knowledge to help you become a safer driver. Speed awareness courses do have an upfront cost, but you could save this amount or more on the price of your insurance premium.

You might also want to consider taking out a telematics (black box) insurance policy. As part of the policy a small device will be installed in your car which will measure your driving, including your speed. A telematics policy is a great way to prove to your insurer that you are a safe driver, and with a box in place you may be more aware of your speed.

If you’re shocked at your renewal price after committing a speed offence, you will benefit from shopping around. Some insurers specialise in providing cover for drivers with a history of driving offences or points on their licence.

Get started by comparing quotes using the tool below:

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