How Much Will a Ticket Increase Your Insurance Rate, Depending on Your State
You already know that a speeding ticket can increase your insurance policy. Depending on where you live, this can be hundreds of dollars a year. NerdWallet analyzed its auto insurance data to find out how much speeding tickets are increasing in the United States.
NerdWallet assessed the cost of driving error in terms of increasing auto insurance. Specifically, they looked at DUI offenses and speeding tickets. They found that speeding increased the cost of auto insurance the most in North Carolina (62% increase in average rate), Wyoming (57%), New York (33%), Connecticut (27%) and Arizona (26%). You can read their full methodology here , but they briefly summarize it:
Using the NerdWallet insurance rates tool, we looked at rates in each state and District of Columbia for drivers with liability coverage, uninsured motorist insurance, underinsured motorist insurance in states where applicable, and road coverage and full insurance with a 500 deductible. US dollars. We compared the performance of selected drivers with a clean record of driving with those who had one speeding ticket for speeding 11-15 mph, or drivers who violated the drunk driving rules.
On average, they found that a speeding ticket would cost drivers 14% more on their annual auto insurance policy. Check out the map below to see what costs look like in your state, then skip to the full publication for more details.
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