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Directors feel the need – the need for speed

15 February 2017

Research finds high level executives have the highest proportion of speeding convictions of any occupation in the UK*.

Research from Gocompare.com Car Insurance found that sales directors were the biggest culprits for speeding with nearly a fifth (19%) having picked up a speeding conviction in the last five years, more than three times the national average (6%) of all occupations.

Top 10 professions to receive speeding convictions

 1 Sales Director 18.8%
 2 Operations Director 18.2%
 3 Oil Rig Crew 17.9%
 4 Company Chairman 17.8%
 5 Surgeon 17.7%
 6 Managing Director 17.1%
 7 Surveyor - Chartered 15.7%
 8 Chief Executive 15.6%
 9 Chartered Surveyor 15.4%
 10 Commissioning Engineer 15.3%

Sales directors are joined by other high level executive professionals including operational directors (18.2%), managing directors (17.1%) and chief executives (15.6 %) in the top 10.

Other occupations exceeding the speed limit, at a higher proportion than average, include police officers (7.2%), journalists (8.4%) and ministers of religion (9%).

Alternatively, the occupations among the least likely to receive speeding convictions are packers (1.9%), car wash attendants (2.4%) and playgroup assistants (2.6%).

On the study, Dr Craig Knight, Honorary Research Fellow at the University of Exeter and director of Haddleton Knight, specialises in Psychology of working environments commented: “Almost all professions with the highest proportion of speeding penalties are roles that involve longer journeys where speed will be involved.

 “And of course, all the roles within the top 10 are very well paid, even in the context of this study; the job holder can afford higher performance, faster vehicles.”

Matt Oliver, Gocompare.com car insurance spokesperson said: “Apart from the obvious safety issues, driving convictions can impact your ability to get car insurance or may significantly increase your premium. In fact, a speeding penalty can add around £80 to your annual insurance**. That’s on top of the fine you’ll receive, which could be as much as 150% of your weekly income under tougher new laws being introduced from April***.

“In some cases, drivers have the option to attend the National Speed Awareness course instead of taking the fine or penalty points, however, some insurers will take this into consideration when calculating their premiums.

“It’s essential that you inform your insurer if you have been convicted of any motoring offence, failure to do so could invalidate your insurance and your insurance company could refuse to pay out should you need to make a claim.”

 For more information visit Gocompare.com’s guide on how driving convictions impact car insurance.

- ENDS -

Notes to editors:

*Gocompare.com analysed car insurance quotes made by customers on the site between January 2016 and December 2016. Gocompare.com looked at the numbers of drivers who had received speeding convictions within the past five years and ranked by profession. Data available on request.

**Based on quote run by Gocompare.com on 57 year old sales director insuring Audi A3 S Line TFSI, 5 years no claims bonus, with and without a SP30 conviction (£60 fine and 3 penalty points)

*** For more serious speeding offences (band C) magistrates will be able to raise the penalty from 100% of the motorist’s weekly income to 150%. The changes will come into force across England and Wales on April 24 – Sentencing Council.