Have you received a speeding ticket recently? If so, you might be wondering how to go about getting it off of your driving record and, more importantly, how it will affect your insurance premiums. Speeding ticket insurance is a real thing, and it’s not too difficult to find a provider that will ensure you, even if you have a ticket on your driving record.
Getting a speeding ticket can have an impact on your insurance premiums. Don’t think that the premiums will be affected immediately. It typically takes around three years for the speeding tickets to be recorded on one’s driving record and affect the premiums. There are, however, certain circumstances where insurance premiums can be affected much earlier. In a situation where the driver has multiple speeding tickets in a short period, the insurance company can decide to increase the premiums within a year.
What happens when you get a speeding ticket?
If you are issued a speeding ticket and the evaluation and penalty phase of the traffic violation process has already begun, you should contact a lawyer to discuss your options. There is no cost to speak with a lawyer, and you can use our free consultation form to get started. If you are being charged with a moving violation such as reckless driving or speeding, you should speak with your auto insurance provider and let them know that you are facing these charges. You will likely have to provide them with the name of the court, the date of the offence, and the details of the incident. Your auto insurance provider may offer a discount on your premiums if you choose to attend traffic school. Get professional advice here to Learn how a speeding ticket can affect your insurance premiums.
What are the risks you are taking?
Getting a speeding ticket is almost a given if you get behind the wheel. You will probably get a speeding ticket at one point in your life. Speeding is a serious offence, and the penalties for getting caught are stiff. A single speeding ticket will increase your insurance premiums by thousands of dollars. If you get caught speeding excessively, your insurance premiums will skyrocket. Your record may also be marred with demerit points, which can make life even more difficult. If you have a clean driving record, this may not seem like a big deal. However, speeding tickets can have dire consequences for the average driver.
Increased Premiums
The speed at which a speeding fine is triggered is determined by a combination of your location and the road speed limit. For example, exceeding the 40 km / h speed limit in the school zone will cost you more than 50 km / h over the highway limit. This means that the faster you travel, the more your insurance premium increases. If you have a speeding ticket, you can expect your insurance company to increase your premium. Your insurance premium will increase by approximately $ 500 for each speeding ticket saved to your account, but you can research new policies and compare rates. You can find better rates from another insurance company and stop paying the premiums.
Must Comply With Insurance Company Requests
The law requires that you comply with all requests for information, whether you believe them to be relevant or not. If you deny your insurance company access to your driving record, then your insurance company may deny your coverage. To comply with your insurance company’s requests, you need to make sure your driving record is clean.
