Speeding Tickets Cost More

September 9th, 2011
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Police officer writing a traffic ticket

Drivers with one to three traffic violations on their record could end up paying more than just the fine.

A recent study of more than 32,000 auto insurance policies sold through insurance.com in 2010 found that payments jump 18 percent after only one violation.

When compared to drivers with no violations, premiums soared after three violations.

Below are the effects that violations can have on a driver’s average annual premium.

  • 0 Violations – $1,119
  • 1 Violation   – $1,318, an 18% increase
  • 2 Violations – $1,497, a 34% increase
  • 3 Violations – $1,713, a 53% increase

The escalation doesn’t end there, another separate study of nearly 400,000 auto insurance policies show the increase for 55-65+ year old drivers with two violations versus those of the same age with no violations.

  • 65+ years old – 57%
  • 55-64 years old – 47%

Below are the various violations that may trigger a rate increase include:

  • Speeding tickets
  • Driving under the influence of drugs or alcohol
  • Careless or reckless driving
  • Running red lights
  • Failure to yield or stop at a sign
  • Fleeing from police
  • Driving the wrong way down a divided highway
  • Improper passing
  • Unsafe U-turn
  • Failure to use a child restraint

“The lesson is simple: drivers who speed, drink and drive or engage in other bad driving behaviors will pay through the nose if they want to keep their car insurance,” says Chris Kissell, managing editor at Insurance.com. “The best way to save money on car insurance is to drive responsibly at all times.”

Although receiving a traffic violation and an increase in your premium can be frustrating, there is a way to still cut cost. In many states taking a driving safety course can clean infractions from your record and help you to lower your car insurance rates, but maintaining a clean driving record is the best prevention.

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