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?

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.

 

Elena G.
Elena G.
Answered on March 2, 2022

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