How do Speeding Tickets Affect Your Car Insurance?


If you just got a speeding ticket, you might be wondering if your auto insurance company will be covering the cost again. Unfortunately, the cost of a speeding penalty may go beyond the amount written on the ticket. Several factors, including the type of ticket, the severity of the violation, whether you've recently received another ticket, where you are when you're fined, and others, determine whether your vehicle insurance rate increases after receiving a speeding citation—or any other penalty.

Your rate will most certainly be impacted by a ticket, although not always and not necessarily in the same way. For instance, unless you don't pay your parking fines and your license is suspended, non-moving infractions like those don't normally influence your vehicle insurance cost. Or, if it's your first time getting a ticket for speeding and you were only a few miles over the speed limit, it's possible that your insurance rate won't change at all. You can lose your safe-driving discount or get smaller discounts in the future, experience a premium hike, or even lose your coverage if you do receive a ticket in certain situations. If you receive one or more moving infractions, your insurer may view you as a higher-risk customer. Moving offenses are regarded as a part of your driving record. You appear riskier the more moving offenses or citations you have. Having fines on your driving record might lead to drastically higher rates.

What kind of offense did you commit, and where do you reside? State rules differ significantly in how they treat specific offenses, such as being ticketed for texting while driving, failing to wear a seatbelt, or receiving a red-light camera citation, as well as whether insurance companies are permitted to include them in your premium. The points you obtain for moving infractions, such as a small speeding citation, typically disappear from your motor vehicle report (MVR), often known as your driving record, after two to three years. The length of that term, however, might vary based on the gravity of the infraction and the regulations of your state; in fact, some jurisdictions, like Oregon, don't even employ point systems to keep track of your driving history.