Insurance renewal & Penalty Points

burly

Hi all,

Got done for doing 61km/h in 50km/h zone on the Naas Road at 7.30am one Saturday morning last month...i wont rant, paid the fine.

Anyway I got my RSA penalty points notification today, but it says the points will be on my record for 3 years from the 19th June 2012, almost a month from now.

Thing is, my insurance is up for renewal next week, so when they ask me have i got any penalty points on my licence, can I say 'No' cos technically they wont be on my licence at the time of renewal?

-Corkie-

Yes you must tell them. It actually states any convictions pending.

burly

-Corkie- wrote: »

Yes you must tell them. It actually states any convictions pending.

Ok, its only 2 points anyway so shouldnt affect the premium too much

thanks

Anan1

I'd give them a buzz and ask - two points generally isn't a big deal, but non-declaration can be.

Our man in Havana

If they are not on the licence until a certain date, you don't have any until that date.

The system of post dating points is a shambles and only a country like potato land could come up with it.

mitchaul

I've declared a few penalty points to my insurance compnay and its never made a jot of difference to my premium.

I think it only starts to kick in when your up into 5/6 pp's.

Anyone care to admit to multiple pp's and the effect it had on your insurance?

Anan1

My insurer (Aviva) give a discount for 0 points, which is effectively a loading on any points.

mitchaul

Try 123.ie, I've specifically asked them when I had 2 and they said it wouldn'r ad to my premium.

Mr Simpson

Our man in Havana wrote: »

If they are not on the licence until a certain date, you don't have any until that date.

The system of post dating points is a shambles and only a country like potato land could come up with it.

But your Insurance renewal asks if you have any points or points pending, so it doesn't matter if its post dated. I assume the post dating is to allow time to appeal.

Anan1

It does sound unfair, though, that the ins cos take account of the points for a longer period than they're actually on your license.

Mr Simpson

I suppose, but whats a month when the penalty points last three years

Anan1

mmcn90 wrote: »

I suppose, but whats a month when the penalty points last three years

It might be an extra year of paying more for your insurance.

dahamsta

Weren't points only active for 2 years at one point? When did this change?

Mr Simpson

Anan1 wrote: »

It might be an extra year of paying more for your insurance.

Then don't buy a full years Insurance

dahamsta wrote: »

Weren't points only active for 2 years at one point? When did this change?

I don't know when this changed, but AFAIK it's 3 years

Zubeneschamali

Anan1 wrote: »

My insurer (Aviva) give a discount for 0 points, which is effectively a loading on any points.

They say that, but then if you argue with them on the phone they give you the discount even if you have a couple of points.

dahamsta

dahamsta wrote: »

Weren't points only active for 2 years at one point? When did this change?

That's what i thought, got a surprise when i realised its 3 years.

helen1

I think you can have up to 4 points before it affects your premium.

If you get points during the year do you have to declare them when you get them.

Henry Ford III

helen1 wrote: »

I think you can have up to 4 points before it affects your premium.

If you get points during the year do you have to declare them when you get them.

1/. Varies insurer to insurer.

2/. You must declare at renewal.

coylemj

Penalty Points based on a ticket only i.e. no court appearance does not count as a 'conviction'.

As to whether you need to notify your insurance or not, the answer is 'read your policy document'.

Here's the answer for Axa customers.....

4 Changes to your policy

You must tell us immediately about any:

• change of car or any other vehicle you buy or take ownership of;
• convictions, prosecutions or any penalty points which apply to you or any other driver of your car;
• change in the driver’s health, address or job;
• modifications or alterations to your vehicle including, but not limited to, air
• induction kits and filters, lower suspension, change to the exhaust, engine
• maintenance computers or adding of body parts;
• change in use or in the main user; or
• other important change.

If you are not sure whether or not certain facts are important, please ask us.

mitchaul

Henry Ford III wrote: »

1/. Varies insurer to insurer.

2/. You must declare at renewal.

Well then change insurers, surely the main point is that even if he declares them, they don't have to cost him extra premium.

Anan1

mmcn90 wrote: »

Then don't buy a full years Insurance

You'll still pay more for part of the year, and you'll also pay more to cancel a policy early.