Do Speeding Tickets Affect Your Insurance Rate?

You might be thinking if you’ll be paying for a speeding ticket again with your car insurance provider if you’ve recently received one. Speeding tickets may likely increase your insurance rate if you receive two or more in three years. However, your insurance rate may not increase if you get your first speeding ticket. The following factors will determine if you will get a rate increase.

Driving record
The city you live
Insurance company
Insurance history

How Does Your Rate Increase After A Speeding Ticket?

If you receive a speeding ticket, you may have to pay 15% more on average. Remember, rate increases will vary by state and insurer. As said earlier, you might not see an increased rate after one speeding ticket. If your insurer offers their clients a discount for safe driving, you may not be eligible for a discount after a speeding ticket.

How Long Does Will A Speeding Ticket Stay On Your Driving Record?

Depending on your state, speeding tickets can stay on your driving record for up to five years. Note that most insurance companies will ask about any speeding tickets you’ve had in the past before giving you a quote.

How To Get A Reasonable Rate After A Ticket

After an increase, the best way to get a reasonable rate is to shop around for different providers. Other ways to get a fair rate after spending tickets include: