City Boys’ booze habits play havoc on premiums

Published on

Male motorists living in the City of London are most likely to have a conviction for drink driving, according to moneysupermarket.com.

The price comparison site analysed almost three million motor insurance quotes over a year for motorists with convictions. It found thirty-something men living in the City of London, are the most likely to have a drink-driving conviction on their licence (16%). Men in their early twenties living in Lewes, East Sussex come in a close second, with 14% having the DR10 conviction, with boy-racers aged 17 to 21 from Brecon in Wales and Paisley in Scotland taking third and fourth spots.

Steve Sweeney, head of motor insurance at moneysupermarket.com said: “While it’s no great shock to see high powered “”City Boys”” are likely to have a drink driving conviction

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Foundation launches limited-edition buy-to-let fixes at 75% LTV

Foundation has launched two limited-edition buy-to-let fixed-rate products for landlord borrowers at 75% loan-to-value. The...

Bailey signals Bank Rate hold as Iran conflict clouds outlook

Bank of England Governor Andrew Bailey has signalled that interest rate cuts are likely...

The cost of knowing less

There is a particular kind of risk in financial services that rarely announces itself...

Call for later life lending advice silos to be broken down

Industry figures have called for closer links between mortgage advisers, wealth managers and later...

Property transactions remain resilient despite market volatility

Residential property transactions edged lower in April, although industry figures said activity remained resilient...

Latest publication

Other news

What Tony Blair’s AI manifesto means for specialist finance

In Sir Tony Blair’s first intervention in Labour’s leadership battle, the former prime minister...

Foundation launches limited-edition buy-to-let fixes at 75% LTV

Foundation has launched two limited-edition buy-to-let fixed-rate products for landlord borrowers at 75% loan-to-value. The...

Bailey signals Bank Rate hold as Iran conflict clouds outlook

Bank of England Governor Andrew Bailey has signalled that interest rate cuts are likely...