You are here: Home - Insurance - News -

Extra three penalty points adds £200 to car insurance premiums

Written by: Paloma Kubiak
Anyone flouting driving laws can expect to pay more for insurance, and analysis reveals an extra three penalty points can see premiums jump by £209.

Drivers receiving their first three penalty points are unlikely to see much of a change in premiums, with typical insurance costs coming in at £746.

However, for those who notch up six points on their licence, insurance rockets by £400 to an average of £1,160, according to

As you’d expect, the more points you accumulate, the higher price you’ll pay for cover, with premiums reaching an average of £1,466 for those with 12 points. Motorists with 12 points are also automatically disqualified from driving for six months.

The graph below shows average premiums by number of penalty points and the number of drivers with penalty points:

Penalty points

Comparethemarket’s analysis of DVLA licencing statistics reveals that 70% of penalty points were given to men. Nearly two million men have penalty points compared with 786,000 women.

Overall, around 2.6 million British drivers have penalty points, adding around £230m in increased insurance premiums.

The majority of penalty points are from speeding, accounting for 85% of all those imposed. Running a stop sign or traffic light (7%) and using a mobile phone while driving (5%) were the next most common driving violations.

The comparison site’s research revealed that the penalty points system does work as 75% of drivers said that after receiving penalty points, they changed their driving habits to be safer on the road.

Dan Hutson, head of motor insurance, said the cost of a motor insurance policy depends on the risk profile of the driver. Those deemed more likely to be in an accident means the insurer is more likely to have to pay out and therefore premiums will be higher.

He said: “One of the many ways insurers analyse risk is the number of penalty points that you have on your licence and these statistics put in to focus the serious impact that irresponsible driving can have on a policy.

“The fact that men have received nearly 70% of penalty points goes someway to explaining why the cost of insurance is so much higher for men than women, despite the EU [gender] regulations.

“It comes as no surprise that speeding is by far the most common reason for points being added to licences. However, what is encouraging is that the points system works.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week