Just how much does disregarding driving laws cost you on your van insurance?

Although there is no exact formula for working out this question, a new piece of research has revealed that picking up three penalty points can result in you paying an additional £209 on your van insurance, with those carrying the weight of a three-point penalty paying an average of £746 for their motor insurance.

Unsurprisingly, the more points you carry, the greater the hit to your wallet, with drivers who have received six points on their license paying an average of £1,160; the theme continues with 12-point penalty drivers paying an average of £1,466 in addition to their inevitable disqualification.

Penalty points – how are they shared around Britain?

2.6 million of the UK’s 33.6 million drivers have penalty points on their license. Around two million of these are men, compared to 780,000 women – a factor which helps explain why women drivers typically find it easier to obtain cheaper van insurance than their male counterparts.

There are many reasons why a driver might receive penalty points, with police sometimes handing out penalties for infringements for careless or reckless driving that might not otherwise be covered by the law. According to the DVLA the most common penalty point infringements are broken down as follows:

• Speeding (85%)
• Running a stop sign or traffic light (7%)
• Using a mobile phone while driving (5%)

Penalty points are an effective punishment, with 75% of drivers saying that after receiving them, they took steps to improve their habits behind the wheel.

iVan insurance, for cheaper cover

To increase your chances of getting the best price possible on your van insurance, there are precautions that you, and any drivers you employ, can take so that insurers view you as less of a risk. Having drivers with impeccable driving records is sure to lower the price of your premium, so it's of course important to drive carefully and obey the rules of the road at all times. You can also ensure you're getting a great price by finding a quote with iVan. We'll compare quotes from over 30 of the UK's top insurers to find you the most suitable policy at the cheapest price.

Whether you are looking for fleet van insurance, any driver van insurance or comprehensive cover for a single commercial vehicle, at iVan we are confident that we can help you find cheaper van insurance so that you can take to the road with the quality protection you need.