Speeding tickets are a part of your driving record. Since insurance companies may check your driving record when you buy an Auto Insurance policy, speeding tickets can increase your rates. Having driving violations leads the insurance carrier to believe that you are more likely to have an accident or file a claim. Besides the increase in insurance rate, speeding violations can also cause you to miss out on the cost reduction benefits which policyholders receive over time.
If you have received a speeding ticket, there are still actions you can take to lower the cost of your insurance. First of all, drive safely. One speeding ticket on your record might increase your rate, but avoiding more tickets in the future can help keep your rates lower. In some states, you can also take accident prevention or defensive driving courses, which may also help you to lower your premium.