How Much Does 6 Points Increase Car Insurance?

There is nothing fun about having penalty points added to your driving license, especially not when it comes to finding affordable car insurance. However, that’s the price to pay for being convicted of a motoring offence. Not only could a motoring offence leave you with a hefty fine and points on your license, but also significantly increased car insurance. The number of points you receive will depend on the severity of the driving offence itself, with the more severe offences resulting in more points. As insurers view drivers with points on their license as a higher risk to insure and more likely to make a claim, they increase car insurance premiums and the excess. This means that having points on your driving license will result in more expensive car insurance policies.

Points On Your Licence Will Increase Car Insurance, But By How Much?

The majority of points will be on your driving license for four years, these are for things such as speeding and using your mobile phone. After four years, these are wiped. There are some motoring offences that will result in penalty points on your license for a lot longer, up to eleven years, and this is because they are more severe. Drink driving, driving under the influence of drugs and careless driving all fall into category. It doesn’t matter what the penalty points are for, you must declare them to the insurance company as this is a legal requirement. Unfortunately, points on your license will increase the cost of car insurance.

There are no set rules about how much your car insurance will increase by having 6 points on your license, as every insurer has different ways of working out premiums. Whereas one driver’s premium may increase by a lot, another driver’s premium may not increase by too much at all. However, there are some rough estimates and a higher number of points will result in a higher premium increase. It’s thought that having six penalty points can increase your car insurance premium by anywhere up to 25%, with three points only increasing it by around 5% and twelve points potentially increasing it by a whopping 90%. Of course, these are only estimates and all premiums are calculated on an individual basis.