Auto Insurance

Does a speeding ticket raise my auto insurance rate?

I got a speeding ticket on my way home last week. Will it be on my driving record? Does it affect my auto insurance rate?

By Elena G.
SafeButler agent
Answered
Category Auto Insurance

Yes. When it comes time to renew your car insurance, your premiums are likely to increase. It's possible that rates may continue to climb for several years.

According to a Forbes Advisor investigation, the national average car insurance premium rise for drivers who receive a speeding ticket is 24% or approximately $380 more per year.

 

The information in this answer is general in nature and is not legal or insurance advice for your specific situation. Policy language varies carrier by carrier; your declarations page is the final word. If you're unsure, call your agent before you need to file.

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