Among all other factors traffic ticket means that your car insurance premium will go up.

Depending on the moving violation, getting even one traffic ticket can increase your car insurance premium by as much as 37 percent, according to an analysis of over 15,000 policy quotes conducted by Insurox.com in New Jersey.

The study is made on a single incident. The Car Insurance premium may be higher for certain drivers, especially for those with multiple violations on their records.

According to the study, most drivers, regardless of the insurance company will see increase on their car insurance premium between 8-37% on a single traffic ticket.
Insurance rate calculations vary significantly from company to company, and most insurance companies are not providing information to the public on exactly how rates are calculated.

Traffic Tickets can bump you insurance premium as much as 37 percent

Here’s the list of how much traffic ticket may increase your auto insurance premium, in New Jersey determined by Insurox.com:

1. >> Speeding 1-14: 8 percent

2. >> Speeding 15-29: 12 percent

3. >> Speeding 30 mph over: 20 percent

4. >> DUI first offense: 26 percent

5. >> Driving without a license or permit: 19 percent

6. >> Careless driving: 37 percent

7. >> Failure to stop: 23 percent

8. >> Improper turn: 22 percent

9. >> Improper passing: 18 percent

10. >> Following too close/tailgating: 21 percent

11. >> Failure to yield: 17 percent

12. >> No car insurance: 16 percent

13. >> Minor Moving Violation: 10 percent

14. >> Unsafe Driving: 12 percent

However, drivers with a history of repeated moving violations including driving under the influence, leaving the scene of an accident, and careless driving – are always charged higher insurance premiums.

If you see big increase because of you moving violation, try to get the all discounts that are offered by your insurance company so you will “neutralize” your traffic ticket.

If you feel like trying a new insurer — and possibly saving some money while you’re at it — get a free Insurox quote or compare quotes online.