How Much Does Insurance Go Up After a Speeding Ticket in Illinois?
Receiving a speeding ticket in Illinois can have a more significant impact on your finances than just the immediate fines and court costs. One of the long-term effects is the potential increase in your car insurance premiums, a concern that many drivers may not fully consider at the moment they're caught exceeding the speed limit. At Maksimovich & Associates, P.C., we understand the broader implications of traffic violations and have over 30 years of experience in fighting Illinois traffic tickets.
The Cost of Speeding in Illinois
When you're issued a speeding ticket in Illinois, you're not just facing the immediate costs of the ticket itself, which can be substantial. According to several sources, the true cost of a speeding ticket in Illinois, when accounting for increased insurance premiums over three years, can be over $1,100. This figure includes the base fine and the subsequent rise in insurance rates, highlighting the financial importance of contesting your speeding tickets with the help of experienced legal counsel like our frim’s traffic ticket defense team.
Impact on Insurance Premiums
You might be wondering how much a speeding ticket increases insurance rates? The increase in insurance premiums post-speeding ticket varies significantly among drivers and insurers. On average, Illinois drivers can expect their car insurance rates to increase by 28-35% after a single speeding violation, with the actual rate hike depending on factors such as the driver's insurance company, driving history, and the severity of the speeding offense. Younger drivers, in particular, may see even steeper increases due to the higher risk profile insurers attribute to them. In this context, the legal services offered by our firm, including DUI defense and criminal law, become even more valuable as we work to prevent these consequences.
Mitigating the Impact
Fortunately, there are steps you can take to mitigate the impact of a speeding ticket on your insurance premiums. Our firm is seasoned in contesting traffic tickets in court, which can sometimes lead to a reduction or dismissal of the charges, thereby avoiding the insurance increase altogether. Whether you received a Ticket in Cook County, DuPage County or another part of Illinois, can also help prevent your premiums from skyrocketing.
Contact Us Today!
At Maksimovich & Associates, P.C., we specialize in traffic violation defense, including speeding tickets, and understand the intricate details of Illinois traffic laws and insurance implications. Our traffic violation records expertise ensures that we can provide tailored advice and robust representation to minimize the negative effects of a speeding ticket, both legally and financially.
For drivers facing the daunting prospect of increased insurance rates following a speeding ticket in Illinois, our firm is here to help. With a deep understanding of both the legal process and insurance implications, we're here to support you through every step of the process. Contact us today to learn more about how we can help you defend your traffic violations and insurance increases in Illinois.
