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UK car insurance news
19/09/2007
Cheap car insurance site carried out penalty point research
An online car insurance site has found out that more than 4 million motorists would be prepared to pass on their penalty points to someone else if it would save their licence and their cheap car insurance rates.
Confused.com revealed that 10% of drivers would swap points if they could get away with it - even if it meant that they had to pay for the privilege. The study showed the average motorist would expect to be paid £100 per penalty point, but some would charge as much as £500.
However, the research also showed that very few drivers are actually willing to take on other motorists' penalty points for money, with just 4% admitting they would do it.
A spokesperson for Confused.com, which helps people to get cheap car insurance deals by comparing motor insurance quotes, said: "Speed cameras don't always capture an accurate picture of the person driving. Shadows or sunlight reflecting off the glass can obscure a person's face resulting in a lucrative black market for point swappers."
However, she went on to advise motorists not to take part in penalty point swapping, warning that this kind of fraud, if discovered, could result in credit problems and problems getting car insurance cover in the future.
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