January 14, 2022

GETTING A SPEEDING TICKET IMPACTS YOUR INSURANCE

HOW DOES GETTING A SPEEDING TICKET IMPACT YOUR CAR INSURANCE?

Even the most responsible drivers sometimes get into a hurry. We forget to follow the speed limit and the next thing we know, there are blue and red lights flashing in our rearview mirrors. If you get a speeding ticket in California, you may be concerned about the impact on your car insurance.

This is a fair concern because the amount of your premium is tied to your driving skills. Safe drivers tend to pay lower premiums, while unsafe drivers, like speeders, pay more. If you’re worried about your ticket impacting your insurance here’s what you need to know.

Your Car Insurance Rates Are Likely To Go Up

If you get a driving citation, it’s likely your rates will go up. However, there are many factors that determine how high they go up. If it is your first offense, you may not see a change because you’ve had a long history of following the law.

However, if you’ve had multiple speeding tickets, you will be considered a high-risk driver. As a result, your car insurance will increase significantly. Another factor that comes into play is the rate of speed. For example, if your ticket is for only 5 miles over the speed limit, it will not impact your car insurance as much as a ticket for 20 miles over the speed limit.

Is There A Way To Counterbalance The Increase?

If your car insurance goes up because of a speeding ticket, you do have some options to bring it back down. First, you can take a defensive driving course. Taking a defensive driving course after a traffic violation shows that you take driving seriously. That you are intent on improving your driving skills and not getting a citation again. Many car insurance companies offer a discount for taking a defensive driving course. You can also look into other discounts offered by insurance companies to help bring down your costs.

Ultimately a speeding ticket can increase your car insurance premiums. However, you don’t have to pay more just because you’ve gotten a citation for speeding. There are many ways to bring down your insurance premiums and Panorama Insurance can help. Since 1973, we’ve been helping Northridge, CA drivers save money on their car insurance. We compare rates across numerous providers and help you find the most affordable option.