How much does an SP70 add to your insurance??
Discussion
I know this is a very open-ended question, but I had always been told a "first offence" fixed penalty/3 points speeding conviction would have little or no effect on insurance premiums.
However, as my renewal has just arrived, I called the insurers and asked them to re-run my quote with the SP70 offence - it added £60 to the £640 premium - OUCH!
Have any of you out there got any similar experiences to compare with the 10% increase I have been quoted??
Interestingly, the insurers systems did not have an SP70 offence, so had to use the nearest one (SP60) - I was asked if it was a new offence (no, just the latest revenue-raising ploy, based on our outdated national speed limit, I replied!).
BTW the camera (a fwd-facing Truvelo) was on the A1 North, just before Markham Moor roundabout, and the offence was 84mph. I assume it is set at the (obviously reckless) speed of 79mph?
However, as my renewal has just arrived, I called the insurers and asked them to re-run my quote with the SP70 offence - it added £60 to the £640 premium - OUCH!
Have any of you out there got any similar experiences to compare with the 10% increase I have been quoted??
Interestingly, the insurers systems did not have an SP70 offence, so had to use the nearest one (SP60) - I was asked if it was a new offence (no, just the latest revenue-raising ploy, based on our outdated national speed limit, I replied!).
BTW the camera (a fwd-facing Truvelo) was on the A1 North, just before Markham Moor roundabout, and the offence was 84mph. I assume it is set at the (obviously reckless) speed of 79mph?
It appears that the DVLA haven't heard of a SP70 either (down near the bottom).
An SP60 is an undefined speed limit offence, which may explain why you are getting hit disproportionately.
>> Edited by jeffreyarcher on Wednesday 2nd June 00:15
An SP60 is an undefined speed limit offence, which may explain why you are getting hit disproportionately.
>> Edited by jeffreyarcher on Wednesday 2nd June 00:15
In my personal experience (my licence is decorated with a TS** back in late 90s and a current SP**)
Direct Line and its associates = +10% to the premium for 3 points, 25% for 6; as long as they are TS / PC / SP type. DR and DD type points make the policy cost £$$£s.
Admiral (and Bell) add £100 per 3 points.
Liverpool Victoria didn't care (but their policy cost more to start with) and Morethan were fine too.
I currently use a broker who said not to worry about up to 2 speeding tickets / 6 points per policy as "1 in 5 people have them"
Direct Line and its associates = +10% to the premium for 3 points, 25% for 6; as long as they are TS / PC / SP type. DR and DD type points make the policy cost £$$£s.
Admiral (and Bell) add £100 per 3 points.
Liverpool Victoria didn't care (but their policy cost more to start with) and Morethan were fine too.
I currently use a broker who said not to worry about up to 2 speeding tickets / 6 points per policy as "1 in 5 people have them"
mcflurry said:
as "1 in 5 people have them"
So we see speeding becoming more socially 'acceptable' by the day!
I have 3 ins policies and recently 'earned' 6 points (already had 3 points) upon renewal the following happened.
Car 1 - no change
Car 2 - wanted more so changed Ins co. and got the same price as last year.
Bike - wanted more so changed broker and saved over £100!! (strangely with the same underwriter
) When insuring car 1 the broker said '3 or more points is the norm' and so made no difference - ironic really considering the govt's aim to make 'speeding as socially unacceptable as Drink-Driving'
>> Edited by cazzo on Wednesday 2nd June 11:55
jeffreyarcher said:
It appears that the DVLA haven't heard of a SP70 either (down near the bottom).
An SP60 is an undefined speed limit offence, which may explain why you are getting hit disproportionately.
>> Edited by jeffreyarcher on Wednesday 2nd June 00:15
Thanks for this useful link jeffreyarcher - I was clearly misinformed by someone who thought the number after the "SP" was the speed limit you had broken, having been done in a 30 zone, thus thought that NSL dual carriageway offence would be "SP70" (and I was too lazy to check it!).
As I was caught on the A1, will the endorsement be an SP30, or does "Statutory" speed limit refer to a limit less that the national speed limit, so that the nearest one is the SP50?
I'm confused, but then traffic law is not my specialism!
tvr_nut said:
As I was caught on the A1, will the endorsement be an SP30, or does "Statutory" speed limit refer to a limit less that the national speed limit, so that the nearest one is the SP50?
SP50 is what is says on the label, speeding on a motorway. So, AIUI, assuming that it wasn't a motorway section (A1(M)), it will be a SP30.
jeffreyarcher said:
As I was caught on the A1, will the endorsement be an SP30, or does "Statutory" speed limit refer to a limit less that the national speed limit, so that the nearest one is the SP50?
SP50 is what is says on the label, speeding on a motorway. So, AIUI, assuming that it wasn't a motorway section (A1(M)), it will be a SP30.
Does SP50 apply to ALL motorway speeding offences, including temporary restrictions?
jeffreyarcher said:
As I was caught on the A1, will the endorsement be an SP30, or does "Statutory" speed limit refer to a limit less that the national speed limit, so that the nearest one is the SP50?
SP50 is what is says on the label, speeding on a motorway. So, AIUI, assuming that it wasn't a motorway section (A1(M)), it will be a SP30.
Update:
Got the license back today from the Magistrates' Court - the (handwritten) entry in the endorsements section states SP60. Is this because it was a camera offence or something?? I will try talking to the court to see if they can explain. Not sure it makes much difference which code it is when it comes to insurance premiums, so I might be wasting my time?
Anyone able to explain further??
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