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Insurance Surcharge For Speeding Ticket
Getting a speeding ticket can be an extremely costly and expensive affair for you. Did you know that the average insurance surcharge for speeding ticket is a whopping $1,000 for a three year period? When it comes to a speeding ticket, insurance companies are the real beneficiaries. They tend to make nearly $10 billion a year just by insurance surcharge for speeding ticket. |
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When you get a traffic violation and speeding ticket is included in this, you end up getting surcharge points which stay on your driving record. The records of these points are maintained at the Department of Motor Vehicles and these are available for your insurers to see and view. If you get a speeding ticket, you get 2 points for traffic violation. The Department of Motor Vehicles will then ask you to cough up insurance surcharge as you immediately become a risky prospect for them. This insurance surcharge is over and above the speeding ticket time, cost of hiring a lawyer and of course the time and effort spent in making a court appearance for hearing.
If you end up collecting six or more points in a period of 3 years or less, you would have to pay $100 for the first 6 points and $25 for each additional point. The insurance surcharge will be imposed on you till you have 6 points against your record.
Usually you know you have to pay an insurance surcharge if you receive an official notice advices you of suspension of your driving privileges. The notice will also state a date when your surcharge is due. If you do not pay on the due date, your license will be suspended indefinitely. In order to get your license restored, you would have to pay a restoration fee in addition to the insurance surcharge.
A good criminal defense lawyer can help you beat a speeding ticket and this means you will not get the points against your name for traffic violation. This further boils down to not paying any insurance surcharge, which, no doubt, can be a costly affair if not handled the correct way.
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