Speeding tickets increase auto insurance rates. But by how much? I decided to write about moving violations and your auto insurance, after reading this NY Times Money blog post here. The NY Times blog mentions an Insure.com study stating one moving violation can lead to 18% higher rates on auto insurance. This strikes me as high, based on my many years experience working with auto insurance companies, and I think the problem might be the study treats all moving violations as equal. For example, a reckless driving or DUI violation is lumped in the same class as a minor speeding ticket. I assure you, insurance companies have MUCH higher rates for major violations, like reckless driving, than they do for a speeding ticket. This blog article will explain how minor moving violations impact auto insurance rates. Continue reading →