Drivers who have excellent driving records can easily obtain car insurance quotes at the lowest possible rates. However, if a driver gets a speeding ticket, car insurance costs could go up several hundred dollars a year for three to five years, depending on how long state law requires the ticket to stay on the driver’s record.
A Driver’s First Speeding Ticket And The Affect On Auto Insurance
Even if this is the driver’s first speeding ticket, the car insurance rate may be raised by the insurance company. This rate increase is based on studies done by two insurance industry research groups, the Insurance Institute for Highway Safety and the Highway Loss Data Institute. These groups have found that drivers with one or more speeding tickets have a fifty percent higher chance of causing an accident. Some insurance companies may be lenient with a long time customer and forgive the first speeding ticket if the violation is minor.
The Type of Speeding Ticket Makes a Difference
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The insurance company will look at the type of speeding ticket incurred by a customer and decide if it is a severe violation. Under the laws of most states, severe speeding violations include those occurring in a school zone and those occurring in a construction zone. A speeding ticket may also be called reckless driving if a driver exceeds ninety miles per hour or exceeds the posted speed limit by more than fifteen miles an hour. The excessive speed limit for reckless driving is established by state law.
Most insurance companies will raise a driver’s car insurance rates for any of these offenses. Rates will also be raised if an accident was caused by the speeding driver. Rates for other types of insurance, such as life and health, could also go up because the driver is viewed as a high risk.
Ways to Make the Ticket Disappear
Speeding tickets in many states can be dismissed if the driver takes a traffic school safety course, which can be completed in person or online. The driver will still be required to pay the fine for the speeding ticket, but the ticket will not appear on the driver’s record. Speeding tickets can also be fought in court, but the outcome of a court decision may not be in the driver’s favor.
Always Shop Around for a Better Rate
The car insurance business is very competitive, and even drivers with poor driving records can save money by comparing quotes from several companies. The best way to keep the cost of car insurance low is to avoid speeding tickets and other moving violations.
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