There are many factors that attribute to the cost of insurance including your driving record. Speeding violations have a large impact on your driving record and on your cost of insurance. Just one ticket can impact your insurance rates.

Recent studies reveal that 35% of auto accidents result from speeding. So in an effort to reduce accidents we should drive slower thus allowing us to drive safer. It has also been shown that the majority of speeders who receive a speeding ticket reduce their speed. Although for only a short duration of time. This study follows a speeder who received a speeding ticket. The speeder after receiving a ticket did reduce their speed and thus their probability of being in a fatal accident. By reducing their speed they reduced their probability of being in an accident by 35%. Unfortunately most speeders do not keep their safe-driving habits for any longer than a few months.

This study, along with other recent studies, has shown that habitual speeders have a greater chance of being in a fatal car accident than a non speeder by 50%. For this reason law enforcement is mandating insurance companies and is continually hard on speeders. This shows why insurance companies raise rates for people with speeding tickets; their increase for accidents is tremendous. Below you can see are some factors to consider when looking for auto insurance.

1. One speeding ticket with a speeding amount of over 15 miles above the legal limit is considered reckless driving and will affect your insurance rate.

2. If you have a clean driving record only one speeding ticket can increase your insurance rates by over 27%. One ticket can affect a person with a clean driving record worse than a person with multiple violations.

3. One point is added to your record when you receive a speeding ticket. When an accumulation of points is seen during a three year period this can trigger a significant increases, sometimes by thousands of dollars, to your insurance costs.

4. You are better off staying with your current insurance company if you have multiple points on your record, especially if you have a long term history with that insurance company. Try negotiating with your insurance company to work out a plan that you can afford. By switching to a new carrier you may be in for higher rates.

5. Fighting tickets can prove advantageous at times. There is a chance you can get charges dropped depending upon circumstances such as technicalities. You do not need to get a lawyer just remember the golden rule is never to admit your guilty.