What Kind of Traffic Tickets Affect Insurance?
Getting a traffic ticket is never a pleasant experience. Not only does it mean that you have to pay a fine, but it can also affect your insurance rates. While some tickets may not have any impact, others can significantly increase your premiums. In this blog post, we will discuss the different types of traffic tickets that can affect your insurance.
1. Speeding Tickets
Speeding is one of the most common traffic violations, and it can have a significant impact on your insurance rates. If you get a speeding ticket, your insurance company will likely see you as a higher risk driver. This means that your premiums will go up, sometimes by as much as 20%. The more severe the speeding violation, the greater the impact on your insurance rates.
2. Reckless Driving Tickets
Reckless driving is a serious traffic violation that can result in a license suspension or revocation. If you get a reckless driving ticket, your insurance company may increase your rates significantly, or they may even refuse to renew your insurance policy. Reckless driving indicates to insurance providers that you are a high-risk driver, and they will likely take appropriate measures to protect their interests.
3. Driving Under the Influence Tickets
Driving under the influence of alcohol or drugs is a severe traffic violation. Not only does it put your life and the lives of others at risk, but it can also result in higher insurance premiums. If you get a DUI ticket, your insurance rates will likely increase by 50% or more. In some cases, your insurance company may even refuse to renew your policy.
4. At-fault Accident Tickets
If you are at fault in an accident, you will likely receive a ticket. This type of ticket can significantly impact your insurance rates, as it signals to insurance providers that you are a high-risk driver. The more severe the accident, the higher the increase in insurance premiums. If the accident involves injuries or fatalities, your insurance company may even cancel your policy.
5. No Insurance Tickets
If you get caught driving without insurance, you will receive a ticket that can result in higher insurance premiums. Driving uninsured is illegal in most states, and insurance providers view it as a high-risk behavior. If you are caught driving without insurance, your insurance company may increase your rates by as much as 50%.
6. Traffic Violation Points
In some states, traffic violations result in a point system. If you accumulate too many points, you may lose your license or have to pay fines. In addition, insurance providers will likely increase your premiums. The more points you accumulate, the higher your insurance rates will likely be.
In conclusion, getting a traffic ticket can impact your insurance rates significantly. The severity of the traffic violation determines the impact on your insurance rates. If you want to keep your insurance rates low, make sure to obey traffic laws and drive safely. Remember, being a safe driver not only keeps you and others safe, but it also keeps your insurance rates low.