Maybe you were in a hurry to pick your kids up from school, maybe you were running late for an appointment or maybe you just did not realize how fast you were driving. Regardless of why you were speeding, when the red and blue lights flash behind you and the officer writes you a ticket, you may immediately wonder how this will affect your auto insurance. Here is some information you should know if you are facing this situation.

A First Ticket May Not Affect You That Much

In some states, you can participate in driving school every two to five years to have one traffic ticket erased from your record. While Colorado is not one of these states, many insurers may overlook your ticket or reduce the amount of a ticket increase if you participate in traffic school after you get a ticket. This may limit the effects that a rare speeding ticket has on you.

When You Will See an Increase in Your Policy Amount

If your insurer will not allow you to take traffic school to reduce your rates, or you have multiple traffic tickets, you can expect your rates to rise when your current policy period ends. The amount of the increase will vary from company to company and depends on your record. Someone with two tickets will not see as big an increase as someone with an accident and two tickets, for example.

If you have a speeding ticket and your insurance rates have increased, you may be looking to price out insurance policies without companies. Call CO Insurance Specialist serving Wheat Ridge, CO today for a free price quote today. We offer affordable rates, even if you have an accident or ticket on your driving record.