The Surprising Cost of a Speeding Ticket in Cumming, GA
Getting a speeding ticket is never fun. Not only do you have to pay a fine, but you also have to deal with the consequences of having a blemish on your driving record.
Did you know that getting a speeding ticket in Cumming, GA can also increase your insurance rates?
It’s true. When you get a speeding ticket, your insurance company sees you as a higher risk driver. Thus, they are likely to charge you higher premiums to offset the risk of insuring you. According to a study by Insurance.com, the average insurance rate increase for a speeding ticket in Georgia is 12%.
Perhaps you were driving 15 miles over the speed limit on GA-400 and you got pulled over and issued a ticket. Your ticket could cost you upwards of $150, plus court fees. But that’s not all. Depending on your insurance company, your rates could increase by hundreds of dollars per year for the next several years.
But why do insurance companies care about speeding tickets?
It comes down to risk. Speeding is one of the leading causes of car accidents. Insurance companies know that the faster you drive, the more likely you are to get into an accident. By charging higher premiums for drivers with a history of speeding tickets, they can offset the risk of insuring those drivers.
So, what can you do if you get a speeding ticket in Cumming, GA?
The best thing you can do is to fight the ticket in court. If you can get the ticket dismissed or reduced to a non-moving violation, your insurance company may not find out about it. This means that your rates won’t increase, and you won’t have to pay as much in fines.
If you do end up paying the ticket, make sure to keep track of your insurance rates. If you notice a significant increase, it may be worth shopping around for a new insurance policy. Some companies are more forgiving than others when it comes to speeding tickets, so you may be able to find a better rate elsewhere. Bradford Turner Insurance Group can help you by shopping over 50 different companies to find you the best rate on auto and home insurance.
In conclusion, getting a speeding ticket in Cumming, GA can be a costly mistake. Not only do you have to pay a fine, but you may also have to deal with higher insurance rates for years to come. So, drive safely and always obey the speed limit to avoid the financial consequences of a speeding ticket.