How Do Speeding Tickets Affect Your Insurance?


Auto insurance can be complicated, and you’re not the only one who has questions about it. One of the most common is “Do speeding tickets affect your insurance?” The short answer is yes, it can increase a motorist’s rates because it is on their driving record, and insurers check this regularly to determine premium costs. Below, we’ll take a look at how much insurance increases after speeding and how you can cut costs.

How do speeding tickets impact your auto insurance rates?

How much does insurance increase after speeding? There are two main factors that insurance companies consider when reviewing a person’s driving record. Here is what they are.

How far did you go over the speed limit?

Insurers generally penalize a driver more if they exceed the speed limit. If someone gets pulled over for driving five miles over the limit in an unknown area, it could be an honest mistake. But if a driver goes over the 50 mile limit, there’s usually no good excuse for it.

Speeding tickets are considered a good predictor of accidents, and that makes sense. When you are going faster, it is more difficult to suddenly stop or react to a vehicle or object that suddenly appears in front of you. If a driver is more likely to have an accident, he poses a greater risk to insurers. And insurance companies charge motorists accordingly.

Is this your first speeding offense?

After a driver’s first speeding ticket, insurance rates may not exceed the average cost of auto insurance by much, if at all. It depends on the insurer. Each company weighs a driver’s record a little differently. Some impose more severe penalties on drivers with speeding tickets than others.

However, all insurers will charge drivers with multiple speeding tickets more than drivers with a single ticket. Several tickets reflect a repeated disregard for the law and suggest a driver who regularly engages in risky behavior that could lead to an accident.

The points system in your state – which awards points to drivers who commit traffic violations – can also influence how speeding increases insurance rates. If speeding tickets result in a driver accumulating so many points that they are on the verge of losing their license, insurers can significantly increase the driver’s fares, even if the individual incidents did not involve driving at a distance. particularly high speeds.

Compare the average car insurance rates before and after a speeding ticket

A violation between one and 15 miles over the speed limit results in an average premium increase of 20%, according to A violation between 16 and 29 miles over the speed limit could increase bonuses by 22% or more. Speeding 30 miles or more results in an average 30% increase in a driver’s premium.

But how much your insurance will increase after speeding varies depending on the factors discussed above. It may be higher or lower than these averages depending on where you live and whether you have ever recorded any speeding tickets or traffic violations.

How long does a speeding ticket affect your insurance rates?

Once people learn that speeding tickets can increase their auto insurance rates, their next question is usually “How long does a speeding ticket affect insurance?” This is usually three to five years, but it also depends on where the driver lives.

A ticket affects fares as long as it remains on a driving record, and each state determines that amount of time. You can check with your state’s transportation department if you’re curious about how long speeding tickets stay on your driving record.

The effect of a speeding ticket on a driver’s auto insurance rates should decrease over time, assuming they don’t accumulate new ones. But they probably won’t see their fares drop to pre-ticket levels until the ticket is off their driving record.

What to do if you get a speeding ticket

If you get a speeding ticket and are concerned about your fares, follow these steps:

  1. Consider contesting the ticket. If you think your ticket is unfair, you can challenge it in court. A driver may not win, but if they do, their insurance company will not withhold the ticket.
  2. Consider a defensive driving course. Some states will drop some travel offenses if drivers take a defensive driving course. This can be online or in person. They’ll have to pay to take the course, but those fees will likely be less than the extra money they’ll pay in auto insurance premiums if the speeding ticket remains on their record.
  3. Take a tour of the different insurances. Some insurance companies are more forgiving of drivers with speeding tickets than others. If yours dramatically increases your rates, it’s worth getting quotes from a few other companies to see if you can get a better rate elsewhere.
  4. Drive more carefully in the future. An insured cannot hide a speeding ticket from their insurance company because the insurer has access to that person’s driving record. Thus, a driver is unlikely to avoid a fare increase entirely. But by making an effort to drive more safely, motorists can hopefully avoid speeding tickets in the future.

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