Blinking blue and red lights in the rearview mirror can lead to panic, but some states charge premiums that can make you feel like an actual penalty after a speeding ticket.
Bankrate’s research found that where you live makes a huge difference in how much premiums go up after a single speeding ticket.
However, don’t assume that states with the highest premiums have the largest increase after speeding.
New York, for example, has the highest average premium for a full coverage of $4,192, but the lowest rate after a speeding conviction is just 7%, according to data from the Quadrant Information Services.
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The study found that North Carolina, whose average full coverage premium is $1,957, has the highest rate rise after one ticket (49%). Unlike other states where increases are managed by insurers, North Carolina has a pre-determined rate increase in state management related to various speeding convictions as part of the SAFE Driver Incentive Plan (SDIP). If you set the speed below 10 mph, the rate increases by 40%. Engage in pre-placed highway races, which is the best SDIP penalty, there are 340% rate spikes.
According to Bankrate, the states with the highest rate of speeding are:
North Carolina (49%) Wyoming (40%) California (39%) Massachusetts (28%) Illinois (26%)
Analysts have found that the lowest rate increases:
New York (7%) Hawaii (9%) Vermont (10%) Texas (12%) New Jersey (13%)
Depending on where you live, you might want to ease the accelerator, especially given the steadily rising US insurance.
Due to a shortage in the supply chain and other factors, prices for both new and used cars have skyrocketed during the pandemic, making replacements even more expensive.
A May survey by CheapInsurance.com found that the cost of car insurance has jumped in at an average premium of over 20% since 2020.
“Auto insurance isn’t cheap, but being notified can help consumers beat trends,” advised Fausto Bucheli, founder and president of CheapInsurance.com, in a news release. “We found that most drivers are overpaying just because they haven’t regained their policy for over a year. When costs rise, it’s important to be more proactive than ever.”
Is it worth fighting speeding tickets?
Is it always worth fighting a quote, as speeding tickets won’t affect your insurance, unless you’ve been convicted?
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Bankrate points out that not everyone can take a day off from work and pay for childcare and spend the day in court. For those with the resources to do so, the study authors say that drivers in the following situations may want to do so.
According to Bankrate, “First offenders: ‘The courts are more tolerant for first offenders’,” and drivers can reduce tickets to non-moving or fewer offenses. For these drivers, judges can be allowed to attend traffic school in exchange for less violations. Too many points on the record: ticket fights may be the only way to reduce or eliminate additional points. This can be beneficial for those with a DUI or other violation that adds multiple points to the license. Ticket Error: Bankrate suggests that you pay close attention to the courtroom’s citations of inaccuracies that could undermine the officer’s lawsuit against you. Speeding up to avoid accidents: In rare cases where you were speeding up to avoid accidents, if you can prove what happened, you may be able to get out of that ticket.
For those who want to avoid the potentially superior wrapight look before the judge, hiring a transport lawyer is another option for those with the necessary financial resources.
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