HOW CAN SPEEDING TICKETS AFFECT INSURANCE RATES IN MASSACHUSETTS?
Among many factors considered in assessing how much one will pay for car insurance, perhaps the most critical has to be the driving record. Having a clean driving record or one pockmarked with citations from traffic violations such as speeding can mean a lot to your car insurance rate.
But, what gives?Traffic tickets may mean an increased insurance rate because, statistically, if your record reflects a more than usual speeding tickets and many more moving violations, this figure simply tells the insurance company that you are at high risk of getting into an accident which apparently will cost them money. And that's not good for business. Drivers who received a ticket for speeding are more likely to be involved in an accident than those who haven't. It's as simple as that.
While you cannot accurately calculate how much these offenses will affect your rate, the chances of it increasing are greater with a higher number of speeding tickets.
Now, what is the driving record point system in Massachusetts?Driving record points due to moving violations are added up to your driving record by the Massachusetts Registry of Motor Vehicles (RMV). That being said, with too many driving record points you may actually start worrying about driver's license suspension and court requirements - to name a few.
This point system is technically referred to as "surchargeable points" in Massachusetts which is based on the state's Safe Driver Insurance Program (SDIP). While the effects may vary from company to company, these auto insurance companies work hand in hand with the government. Together they develop suitable systems in dealing with surchargeable points in the state. The SDIP gives the insurance companies the power to issue surcharges on insurance rates based on your driving records. If you get traffic tickets one too many times, especially in a short timeframe, the company will bombard you with mandated surcharges which may also cause your driver's license to get suspended. Lose-lose situation for the motorist. For every time you get convicted for any surchargeable offenses, you will collect a "surchargeable event" on your record which consequently result to a charge on your insurance bill. In the same vein, the same system applies for criminal motor vehicle violations such as when a motorist gets caught driving under the influence of alcohol and/or drugs. On the other hand, a driving record having a few to none tickets can also significantly reduce your auto insurance cost.
As mentioned above, a lot of factors come into play when talking about how speeding tickets affect car insurance rate. Certain drivers with various moving violation get higher penalties compared to other drivers. It's never a one-shoe-fits-all scenario.
You can almost always be in control of these situations. One of the best way to make sure that your record doesn't get tarnished with speeding tickets is to consult an experinced Boston Traffic Ticket attorney.