Penalty Pointless: Insurance Firm Ignores Penalty Points
BOY-RACERS will be revving their souped-up engines in joy today after it emerged that drivers with penalty points could see their insurance premiums fall.
In a move that is predicted to be followed by all the major insurance companies, Swinton Insurance announced that those drivers with six or nine penalty points on their licence would now be treated almost as though they had a perfect record.
A Swinton spokesperson tells us: “Penalty points used to be the yardstick for dangerous drivers, but with up to 10 million drivers collecting them, they are so common place that they have almost become pointless. We will be looking at each driver as an individual and not automatically upping the cost of their premium if they have six penalty points on their licence.”
With more than 6,000 speed cameras now in use, trapping around two million motorists a year, clean licences are become far less common. Critics claim this move is an indictment of the system.
Lobby group SafeSpeed’s head honcho Paul Smith says: “This announcement is all the proof we need to know that driving licence points no longer indicate risky drivers. The vast majority of licence points are for speeding offences detected by camera.”
Posted: 17th, May 2007 | In: Money Comment | TrackBack | Permalink
