Auto insurance companies provide a specific product to drivers based on the amount of risk the individual has. If that risk level changes, there is more risk present to the insurance company. As a result, car insurance providers may raise rates to compensate. An incidents in which you get a ticket can lead to a higher premium because it shows insurance agencies you are more of a risk to them. But, how much will it impact you?
Here's What You Need to Know if You Get a Ticket
Non-moving violations, such as parking tickets, do not often lead to any change in premium. However, other types of traffic violations, especially those in which damage occurs, can lead to a higher premium for you. Reckless driving tickets or other moving violations can lead to a boost in your costs, but it's important to know that there are often steps you can take to minimize those costs.
First, consider how long it has been since your last ticket. If you have had several tickets in a year or so, this shows the insurance company you are a higher level of risk of another accident or instance, causing them to raise your rates. If you haven't had any prior moving violations, and thus do not have any or many points on your driver's license, you may not see an increase at all. Bear in mind, that each insurance provider has different regulations and guidelines that they follow when determining rates.
What to Do If You Get a Traffic Ticket
If you get a moving violation, don't ignore it. In many cases, you will be able to take a driving safety course or refresher. Doing so may amount to only a few hours spent online or at a local agency, but it may prevent points from being added to your driver's license (and therefore you may not have to worry about an increase in your rates).
In addition to this, be proactive. Take a defensive driving course. Work to reduce your points over time. By being a safe driver going forward, your car insurance rates are likely to come down again. And, if they do not, consider changing to a new auto insurance provider who can offer you a more affordable insurance premium.
Find out if your rates will be impacted. Call Insurance Planning Service at (800) 220-5582 for more information on Michigan auto insurance.