Best Cheap Car Insurance After a Speeding Ticket 2024

State Farm stands out as both the best and cheapest option for drivers with a speeding ticket, offering competitive rates and strong customer service. Nationwide is another top choice, scoring fairly well for customer service. Compared to other providers like Progressive and Travelers, State Farm and Allstate are more lenient in terms of rate increases after a speeding ticket.

A speeding ticket can affect your insurance premiums for about three to five years, but shopping around, taking advantage of discounts and enrolling in a defensive driving course are some ways to mitigate rate increases. Switching insurance providers is also possible even if you have a speeding ticket.

State Farm and Nationwide offer the cheapest car insurance rates for drivers with speeding tickets:

• State Farm: $1,439 per year, $120 per month
• Nationwide: $1,537 per year, $128 per month

Some insurance companies may overlook your first minor violation, especially if you've maintained a good driving record up to that point. In such cases, you may not see an increase in your insurance premiums.

The table below includes a selection of car insurance providers specifically geared toward drivers with a speeding ticket violation. These companies are organized from the cheapest to the most expensive. You can easily navigate the table to find an affordable option that aligns with the type of speeding ticket you have and your preferred coverage level.

State Farm and Nationwide offer the best car insurance for drivers with a speeding ticket:

• State Farm: MoneyGeek score of 97 out of 100 ($120 monthly)
• Nationwide: MoneyGeek score of 97 out of 100 ($128 monthly)

Having a speeding ticket violation can significantly impact your insurance rates. Finding the best car insurance provider becomes crucial to balance cost and coverage. The right insurer can offer competitive premiums and quality service, helping you navigate the financial implications of a speeding violation.

The table below provides a list of car insurance companies tailored to drivers with a speeding ticket violation. These companies are ranked based on MoneyGeek's scoring system. You can navigate the table to find options that align with the type of speeding ticket you have and your preferred coverage level.

State Farm and Nationwide offer the cheapest car insurance rates for drivers with multiple speeding tickets:

• State Farm: $1,638 per year, $136 per month
• Nationwide: $1,918 per year, $160 per month

The severity of your violation and the number of points on your driving record can significantly impact your insurance rates. If insurers notice multiple tickets or a rapid accumulation of points, they may categorize you as a high-risk driver. As a result, you could face higher premiums for the same level of coverage.

While USAA offers the cheapest car insurance rates for military drivers with speeding tickets, State Farm has the next-cheapest premium on the market:

• USAA: $1,196 per year, $100 per month
• State Farm: $1,439 per year, $120 per month

The table below shows average car insurance premiums for military drivers with different speeding tickets.

You may see an increase of anywhere between 18% and 30% on an average car insurance premium if you have a speeding ticket on your record.

• Allstate and State Farm are generally more lenient, raising your rates by about 18% and 19%, respectively, after your first speeding ticket.
• Progressive and Travelers are less forgiving, hiking your premiums by a steeper 29% and 30%, respectively, following your first speeding offense.

If concerns about a speeding violation are making you anxious about your upcoming policy renewal, take a look at the rate comparisons we've included in our studies. These will give you an idea of how different insurers adjust rates after a violation. If you're worried that your current insurance will become too costly, MoneyGeek's car insurance calculator is a useful tool that can help you identify an insurance provider that aligns with your budget.

Car insurance companies vary in how they handle drivers with speeding tickets, so it's beneficial to shop around and compare quotes from multiple providers. Several strategies to mitigate the impact of a speeding ticket on your insurance rates include taking advantage of discounts, enrolling in a defensive driving course, adjusting your coverage or focusing on maintaining a clean driving record going forward.

Whether you're wondering how a speeding ticket affects your premium or seeking the most affordable options, this FAQ section can help you find the answers you're looking for.