Insurance risks on speed awareness

Incredibly the courses could cause more problems than they’re worth.

Speed awareness courses could ‘invalidate insurance’
New questions raised over police links to companies offering speed awareness courses, as it emerges motorists could be risking huge problems if they fail to tell insurers about courses
Police are failing to make clear how drivers could inadvertently leave themselves uninsured by taking part, campaigners have said.
Insurers have admitted they treat speed awareness courses the same as penalty points and it is now feared that failing to declare taking part in course could invalidate your policy.
The warning comes as The Telegraph exposes for the first time the full extent of the links between the national organisation for chief police officers and several companies which make huge profits from safety awareness courses. The courses, which cost between £80 and £150, allow drivers to avoid penalty points on their licences.
Campaigners said this lulls many motorists into a false sense of security that they do not have to declare the course to insurers, in the hope their premiums will not rocket for a speeding-related offence.
However, insurers usually operate a “catch all” clause in their policies about keeping them informed about factors which may affect your driving, and failing to declare a course could lead them to cancel cover in the event of an accident, experts said.
Tim Ryan, deputy chairman of the British Insurance Brokers’ Association, has confirmed insurers are “perfectly entitled” to hike the premiums of drivers who have attended a course. “Insurers rightly increase premiums for people attending speed-awareness courses,” he said earlier this year. “They have still broken the law on the road but are just taking their medicine differently. Source: The Telegraph

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