Fines which will force drivers to think twice about speeding have come into effect
Stricter rules have been introduced in England and Wales to act as a much tougher deterrent against speeding on UK roads.
A recent survey of 2,000 motorists by Admiral found 66% of people admit to knowingly speeding, with the majority of those asked suggesting the motorway speed limit should be increased to 80mph, perhaps showing the need for a greater deterrent.
At the moment, drivers caught speeding face a minimum fine of £100 and three points on their licence with a maximum of 100% of their weekly salary up to £2,500.
However, with the new laws now in effect, speeding drivers could be fined as much as 175% of their weekly income, though this is still up to a maximum of £2,500.
The minimum of three penalty points and a £100 fine will remain.
How is the severity of a speeding offence measured?
Speeding fines are split into three bands – A, B and C – which correlate with how serious the offence is. Which band your speeding offence falls into is determined by how much over the speed limit you were going:
Speeding offences classed as band A are those where the driver was going between one and 10mph over the speed limit. You could be fined between 25% and 75% of your weekly wage.
To fall into the band B bracket you would have been travelling between 11 and 21mph over the speed limit. You could be fined between 75% and 125% of your weekly salary.
Those who face the largest fines would have been travelling 21mph or more over the speed limit. You could be fined between 125% and 175% of your weekly salary. Band C offenders could be banned from driving for up to 56 days or end up with six points on their licence.
How does speeding affect insurance?
Of course, it’s not just fines you face if you’re caught speeding as your car insurance premiums could increase too.
Hannah Waldron, Motor Pricing Manager at Admiral said: “We ask all customers to inform us of any motoring offences, convictions or fixed penalties they have received in the past five years.
“Any motoring offence you may have can have an effect on your insurance premium as it is one of the areas we look at to measure the risk of a driver.”