Speeding Tickets and Insurance: Can Speeding Prevent Me from Getting Cheap Car Insurance?

There could be a lot to be said for keeping your driving record clean. After all, speeding tickets and insurance may very well not go hand in hand! There could be many circumstances that may lead to unavailability of cheaper car insurance from your end. Some of these could be your location and the number of speeding tickets you may have. But exactly how might speeding tickets and insurance go together? Take a look below!

• Location

An out-of-state speeding ticket may not lead to your losing out on cheaper car insurance, if the state insurance laws might not recognize the link between speeding tickets and insurance. For example, there could be a few states that may not allow speeding tickets from other states to impact car insurance rates. Here, you might want to understand your state’s insurance laws before you shop around for lower rates.

In some cases, car insurance premiums may be regulated from state to state. In some states, insurance firms may be at liberty to pull your driving record, which may then be utilized to glean key information on your driving statistics, which may help in determining the level of risk you might present to the insurance firm in question. This, in turn, could help to determine if you might be a candidate for lower rates or not.

• Driving Record

Your driving record may list the number and seriousness of the speeding offenses that could be under your belt. Some states might have a type of system with their neighboring states, such that all driving infractions may be automatically redirected to the DMV of your home state. Depending on the agreement, only key information may be provided, with a few states simply mentioning the driving infraction and not whether it could have been due to speeding or not. Since in some cases, speeding tickets and insurance go together, what may not appear on your driving record could not affect your eligibility for cheaper car insurance.

• First Speeding Offence

With speeding tickets and insurance, a first ticket might tend to be overlooked by insurance firms on the basis of it being a one-time-only event. However, subsequent speeding infractions could be bound to get noticed, thus leading to you paying higher car premiums once the current policy expires.

To read more on high risk car insurance, please visit the article High Risk Car Insurance.