Texas drivers can see even greater percentage increases if they currently have a good driving discount included in their auto insurance policy. The discount would be eliminated due to the speeding conviction, which would result in an even higher premium once the speeding surcharge has been charged. Violations in your driving record will affect your car insurance rates for three years or more. They can also affect your employment opportunities for any job that requires driving.
A suspension that requires the submission of a Financial Responsibility Insurance Certificate (SR-2) will increase your annual insurance premium by an average of 70 to 90%. In addition to fines and the possibility of missing work if you have to go to court, a speeding ticket in Texas could also increase your car insurance premiums for years to come. While it can be frustrating to see that car insurance premiums for Texas drivers are higher as a result of a speeding ticket, there are several things to consider to reduce the cost of car insurance. Your speeding ticket may be dismissed if you complete a defensive driving course within 90 days of the fine, which would be another way to keep car insurance costs low.
While insurers don't directly include points in your car insurance rate, it's likely to increase if you've accumulated a significant amount of points simply because of the number of violations in your history. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. Because each auto insurance company uses a unique rating structure, Texas drivers can compensate for increases in auto insurance by consulting insurance companies and comparing quotes. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer.
Keep in mind that most car insurance companies will also ask you about any speeding tickets you received during a similar period when you receive a quote. Whether you receive a rate increase will depend on several factors, such as your insurance company, your driving history, your insurance history, and, in some states, how fast you were traveling when you were quoted. If you prefer to stick with your current car insurance company, review your current policy and ask if there are any discounts that you're not currently requesting and that you qualify for. Traffic violations, such as a parking ticket, don't usually affect your insurance rate, but this can also vary by state and by insurer.
Not only does a speeding conviction result in fines and possible points with surcharges, but you can also see your car insurance premiums increase. Your driving history, the make and model of the vehicle you drive, where you live in Texas, and other factors combine to calculate your car insurance rate. Any major or minor traffic violation that appears on your driving record may increase your car insurance rate depending on how your state and the insurer treat the violation.