clock July 9, 2014 comments No Comments flowchart Automobile InsuranceOur Blog tag Safety

RI Car Insurance

As you probably figured, getting a speeding ticket or any other moving violations can affect your insurance rates.  The length of time that they stay on your record and the impact they have on your premium varies widely, depending on what state you live in, which insurance company you have, and how long you have been with your insurance company.police-clip-art-4

In Rhode Island, tickets typically stay on your driving record for three years.  It is difficult to predict how much your car insurance will increase from a ticket.  Speeding tickets and other moving violations, such as traffic signal violations, will usually impact your insurance more than minor safety violations, such as a ticket for failure to wear a seat belt, or driving with an expired inspection sticker. Every insurance company has a different rating system when considering tickets.  Some RI Car insurance companies may raise your rates for 3 years, others may apply a surcharge that decreases with each subsequent year of “clean” driving, and others may not charge at all if you have been insured with them for a significant amount of time.

Another factor that insurance companies consider is your level of driving experience.  If you are a mature driver with a clean driving history, a speeding ticket will impact your insurance premium much less than it would for an inexperienced teen driver, who would likely see a significant increase from just one speeding ticket.  If you are insured with a company that will charge for your ticket, the charge won’t affect your policy until the next renewal date after your violation date.  For example, if your policy runs from July of 2014 to July of 2015, and you get a speeding ticket in December of 2014, your policy will not be surcharged until it renews in July of 2015.  If you have had a moving violation, such as a speeding ticket, cleared from your driving record (i.e. using the Good Driving Statute in Rhode Island), the ticket will not affect your insurance.

If you have any other questions about how a violation could affect your insurance, give us a call and we will be happy to help!  In the meantime, drive slowly and be safe!


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