Majority of the drivers are very concerned about the impact that a speeding ticket can have on their auto insurance. But it is very difficult to assess its impact because each and every insurance provider follows different rules and levies different charges for the same. Most of the insurance companies do not take the first speeding ticket into account and hence it will have no adverse affect on your auto insurance.

A speeding ticket can have an impact on your driving record for a period of three years. There are some companies who will immediately increase the rate of your auto insurance, when you receive tickets, but on the other hand there are some companies who will only increase the premium if only they feel that you have severely violated the rules. Depending on the level of violation, one makes the claims accordingly hence insurance companies gives a lot of importance on the severity of the violations that is made by the insurance policy holder.

At times they will fix the premium just on the number of speeding tickets received by you regardless of the severity of the violation. It is necessary for people to give accurate information about their driving record so that they can get to know whether you were involved in any type of collisions, etc. And hiding the details from the insurance company will not be of much help, because they will eventually find out the truth about your driving record and will not give you the scope of having an auto insurance policy with their company. The insurance companies follow an elaborate process for the verification of the details given by the customer in order to find out whether they are eligible for auto insurance policy or not. There are some insurance companies who would ask you the reason for receiving a speeding ticket, and if you have a genuine reason, then they might not take the ticket into your account. Speeding tickets can have an adverse affect on your auto insurance in the form of an increase in the rate of your existing premium. Most of the times, an increase in the premium is levied only when you receive a speeding ticket for the second time. At times the rate of increase in the premiums can be in the range of a couple of hundreds or sometimes it may even go up to a thousand dollars.