Getting a ticket can be a costly thing. Not only do you have to pay the initial cost of the ticket, but other costs can come up later. One of those costs is an increase in your insurance rate. You might not see it right away, but even a single ticket can increase your insurance cost dramatically. While it’s difficult to calculate exactly how much your insurance rates will go up after a ticket since each cases individual and every company has different policies, here’s a little bit of information you should know about traffic violations and how they affect your insurance rates.
If you get a ticket, your insurance rates won’t go up automatically. Insurance companies usually pull your driving record when it’s time to renew your policy. Therefore, you probably won’t see the increase right after the incident. Instead, you’ll see it later when it’s time to renew your policy. Increase rates are almost always added to the next coverage period.
One of the most common questions people have about traffic violations and their insurance rates is how much more they will have to pay. The increases the drivers have seen range anywhere from 24% to a few hundred percent depending on the company and the type of violation. There’s really no way to tell exactly how much more you’re going to pay. You could call your insurance company and ask, but some companies are very reluctant to give out that information. Unfortunately, for most drivers, the truth won’t really come out until it’s time to sign that renewal. That being said, you can expect to pay more if the violation included things such as injury, property damage, violations to your contract or company policy, or similar factors. If drugs or alcohol were involved, you can definitely expect a greater increase in fees than if you simply exceeded the speed limit.
Violations or traffic tickets and accidents caused the insurance companies to see you as a greater risk. If you’re a greater risk, then you’re a greater liability. Because of that, they charge you more for insurance. The way most companies see it, the drivers who are more likely to need the coverage should be paying more than the driver’s he probably won’t need the coverage is often. In other words, if you’re a high-risk driver, you’re more likely to make a claim. And if you have violations on your record, then you’re seeing is a higher risk. Therefore, your rates will increase in order to balance everything out, at least as far as the companies are concerned.
Given the fact that a single ticket can raise your insurance rates dramatically, it’s usually a good idea to fight your ticket. You might see it as straightforward and think that you don’t have a chance, but a traffic attorney with experience in the type of case you have might see it differently. You never know what kind of Defense you could have waiting for you. If you win, you can not only avoid insurance rate hikes, but you can also avoid the points against your license and the cost of the ticket itself. Some people find hiring an attorney a scary process, but it doesn’t have to be.
At Ticket Void, we’ve worked for years with drivers just like you. We help pair you with a qualified attorney in your area who is vetted and capable of helping you with your specific case. By entering just a few pieces of information about your case, we can find and email you the information of an attorney near you who is best suited to help you with your case. The initial consultation is free, so what do you have to lose? Get started today, and exercise your right to fight.