Will a ticket affect my insurance premiums? Most likely!
Here’s an example of just how different rate increases can be from carrier to carrier:
For a driver in Apple Valley, Minnesota, with two speeding tickets 11 mph over the limit, one carrier wouldn’t return a rate at all; five others increased rates anywhere from 13 to 121 percent.
The attached chart shows average premium increases – this is for the entire US – based on quotes from more than 490,000 policy holders.
Not all carriers will increase your premium at the same rate, and this is just one more reason why an independant broker is always better!