A criminal defense team who knows the law
is the first step to fighting back against DUI Charges
A criminal defense team who knows the law is the first step to fighting back against DUI Charges
A criminal defense team who knows the law

Should you just pay a speeding ticket?

On Behalf of | Jun 26, 2024 | Traffic Violations |

Receiving a speeding ticket is often perceived as a minor inconvenience. As a result, many motorists choose to pay a fine and move on. However, many motorists are also shocked to learn that the costs of paying a speeding ticket can extend well beyond the amount paid to the state. 

As a result, it’s important for all who drive to understand the full range of financial and collateral consequences that can result from a decision to pay a traffic ticket. This knowledge can help each motorist make informed decisions about their rights and options. 

Immediate financial costs

The most immediate cost of a speeding ticket is the fine, which can range from $100 to several hundred dollars, depending on the severity of the offense and the jurisdiction. However, this is just the beginning. In many areas, additional fees and surcharges are added to the base fine, significantly increasing the total amount owed.

Increased insurance premiums

One of the most significant long-term financial impacts of paying a speeding ticket is the effect of this decision on a motorist’s auto insurance premiums. Insurance companies view speeding violations as a red flag that a particular motorist may be prone to engaging in risky driving behavior. Therefore, many companies impose higher premiums on those policyholders who – by paying a speeding ticket – “admit” that they have been speeding. 

In some cases, one speeding ticket can increase a motorist’s insurance rates by 20% to 30%, and these increased rates can last for three to five years. Over time, these costs really add up. 

Collateral consequences

For those whose jobs require driving or maintaining a clean driving record, a speeding ticket can result in direct professional consequences. For example, commercial drivers, delivery personnel and employees who use company vehicles might face disciplinary actions, including job loss, if they receive speeding tickets. 

While paying a speeding ticket may seem like a straightforward way to resolve a frustrating situation, it’s important to keep in mind that the true costs of doing so are likely to be much higher than the initial fine. As such, you may want to consider fighting the ticket instead of simply paying the fine.