| Car insurance company | Average annual full coverage premium before speeding ticket | Average annual full coverage premium after speeding ticket | Percent |
| Allstate Insurance | $1,729 | $2,133 | 23% |
| American Family Insurance | $1,705 | $2,517 | 48% |
| Farmers Insurance | $1,241 | $1,630 | 31% |
| Progressive Insurance | $1,048 | $1,403 | 34% |
| State Farm Insurance | $1,271 | $1,476 | 16% |
If you pay $2000 a year in car insurance.
Your insurance company raises your rates by 20%
This means you will owe an extra 400 a year, every year, for 3 years.
If you pay $2000 a year in car insurance.
Your insurance company raises your rates by 20%
This means you will owe an extra 400 a year, every year, for 3 years.
$400 extra a year
multiplied by 3 years
Plus the cost of the ticket
$1200 + cost of ticket
License Suspensions?
Those with an intermediate license may face license suspensions based on a traffic ticket
Those with commercial licenses may face license suspensions based on a traffic ticket.
Those with a typical driver’s license may also face license suspensions based on a traffic ticket if they have enough tickets
More Tickets?
Another 20% would increase the ticket from $2400 to $2880
As more tickets pile up, so does the cost of insurance. For example, one ticket might increase the yearly insurance cost by 20% from $2000 to $2400.
This makes insurance very expensive – not to mention the costs of the tickets themselves.
Another 20% would increase the ticket from $2880 to $3456