Getting two or more speeding tickets within a three-year period is a surefire way to increase your insurance rate. However, the good news is that you may not even receive an increase if you just commit one violation within three years. Typically, those who receive a rate adjustment after a speeding violation pay an average of 30% more. Nevertheless, your rate increase will still depend on a number of factors such as your driving record and insurance history. Some states even factor in your driving speed when you were cited.
DID YOU KNOW? Insurance companies that offer a special discount for safe driving will likely revoke it once you receive a speeding ticket.
How Long Does a Speeding Ticket Affect Your Insurance?
Normally, a speeding ticket stays on your driving record for three years. You can only qualify for a driving discount again after that period—that is if your insurance company offers one.
Moving Violations that Affect Your Insurance Cost
Depending on how your state and insurance company consider your violation, any moving violation in your driving record can increase your car insurance rate. Every time you violate a traffic law, a certain number of points are added to your license. These points widely vary between states. Although insurance companies don’t directly consider these points into your car insurance rate, your rate will still increase if you have a high number of violations in your record. Here are some of the most common traffic violations and how they can affect your insurance rate:
1. Texting Ticket
Not all states prohibit insurers from considering texting tickets when setting rates. Some states don’t add points to your license for it, which in effect won’t increase your insurance rate.
2. Tickets from Red-Light Cameras
As with texting tickets, you may or may not receive higher insurance rates for tickets from red-light cameras. While there are states that ban insurers from factoring red-light camera tickets into their rate computation, there are others that consider such tickets as minor moving violations, which often results in a rate increase. Keep that in mind if ever you get one of those notorious red-light camera tickets in the mail.
3. Parking Tickets
Parking tickets are technically not moving violations, so they won’t affect your insurance rate. However, failure to pay a parking ticket may cost you even more than a rate increase. Many states will not allow you to renew your license plate until you settle your dues. You could also be cited for illegal driving if you choose to drive without an active registration.
Out-of-State Tickets and Insurance Rates
Traffic tickets you receive while driving outside your state of residence can shoot up your insurance costs. But, again, this will depend on how your state or your insurance company will consider your violation. Regardless whether your traffic violation results in a minimal increase or not, the best thing that you can do is to settle the fine. You can end up arrested the next time you’re passing through if you fail to pay on time.
A Santa Barbara traffic ticket can make your insurance rate go up substantially. You can even lose your license with enough DMV points on your record. If you happen to receive a speeding ticket, hiring the right traffic attorney gives you the best chance of getting your traffic fine reduced or dismissed. Be informed and know your options.