UK car insurance news
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.
More Car Insurance News
Car insurance prices to rise in 2008
Churchill warns of 'rusty driver syndrome'
esure invents insect nets for cars
Woman drivers prefer jetting abroad for a dream road trip
Online mag looks at green car insurance quotes
The Search Works to handle moneysupermarket.com SEM
Biker research from online car insurance firm
Rugby followers given car insurance warning
LV= research shows Sunderland fans go furthest
Thieves target M62 service station car park
1 in 5 leave £150-worth of property on show in car
IAM wants extra training for supercar owners
Garage-parking means cheap car insurance quotes
uSwitch cautions motorists over voluntary excesses
Yesinsurance encourages car sharing
Unsafe tyres risk cheap car insurance
Rattles risk cheap car insurance
RAC Insurance urges cover check before driving abroad
More people getting online car insurance quotes
AA Insurance wants to hear from bargain hunters
Moneysupermarket.com comments on NU price hike
UK drivers losing map-reading skills
Police issue warning to drug-drivers
DVD targets middle-lane hogs
UK motorists don't deserve cheap car insurance
Successful sales see Audi make huge profits
16% admit to road rage
More people getting green car insurance quotes
Fewer people switching, says MoneyExpert.com
Police to use MIB hotline in fight against uninsured drivers
Motor Insurance News ArchiveSeptember 2007
Car insurance news 2005