How Much Will Your Traffic Tickets Bump Your Car Insurance Premium?

Driving Record, Traffic Ticket, Violations, pulled overAmong all other factors, traffic tickets mean that your car insurance premium will go up. Depending on the moving violation, getting even one traffic ticket can increase your car insurance premium by as much as 37 percent, according to an analysis of over 15,000 policy quotes conducted by Insurox.com in New Jersey.

The study is made on a single incident. The Car Insurance premium may be higher for certain drivers, especially for those with multiple violations on their records.

According to the study, most drivers regardless of the insurance company will see an increase in their car insurance premium between 8-37% on a single traffic ticket.

Insurance companies do not provide information to the public on how they calculate the rates, and that’s why rates are significantly different from company to company.

Traffic Tickets can bump your insurance premium as much as 37 percent

Here’s the list of how much traffic tickets may increase your auto insurance premium, in New Jersey determined by Insurox.com:

  1. If Speeding 1-14: 8 percent
  2. Speeding 15-29: 12 percent
  3. Speeding 30 mph over 20 percent
  4. DUI first offense: 26 percent
  5. Driving without a license or permit: 19 percent
  6. Careless driving: 37 percent
  7. Failure to stop: 23 percent
  8. Improper turn: 22 percent
  9. Improper passing: 18 percent
  10. Following too close/tailgating: 21 percent
  11. Failure to yield: 17 percent
  12. No car insurance: 16 percent
  13. Minor Moving Violation: 10 percent
  14. Unsafe Driving: 12 percent

Insurance companies give the highest premiums to drivers with a history of repeated violations like driving under the influence and careless driving. Avoid making violations if you want to have lower insurance premium. Because there are even companies that will not issue you a policy just because of your violations.  If you see a big increase because of your moving violation, try to get all discounts that are offered by your insurance company so you will “neutralize” your traffic tickets. Check our blog on how to save on car insurance, with an in-depth explanation of discounts and other tips.

Therefore, if you feel like trying a new insurer — and possibly saving some money while you’re at it. With us, you can compare quotes from 50+ insurance companies, and find the best rate that fits your needs.

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Comments (2)

  • Martin Wolff Reply

    This is good information. It helps to know if you’re being gouged on insurance rates and if it’s time to shop around…

    September 29, 2014 at 6:11 pm
  • Middle TN Insurance Group Reply

    Great read, you can always get a quote from an insurance company so you can make sure you are spending as little money as possible but still getting good coverage.

    December 17, 2014 at 4:45 pm

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