Loans & Insurance

This is how speeding tickets really affect your insurance rates

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No one likes getting a ticket. Because after you’ve forked over all the fees and moved on with your life, there may still be a price to pay: higher insurance premiums. So, how will a moving violation affect your rates? That depends entirely on what you’ve been ticketed for. InsuranceQuotes.com recently conducted a study to determine how citations can affect premiums. Not surprisingly, the most damaging offenses were DUI and reckless driving, which caused insurance rates to surge an average of 93 percent and 82 percent, respectively.

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