do I have to tell my insurance company about my speeding ticket? What happens if I don't?

Answer 1

You have to tell them about any points on your license or your insurance will be considered invalid and you'd be in a right mess if you had a bump.

Answer 2

The ticket wouldn't have any effect on your policy until possibly renewal time. If you stay with the same company, they will most likely never know because it is not common practice to check license status at renewal. Keep in mind that a ticket is not a conviction. It may be reduced or even dismissed if you go to the hearing. 10 years handling insurance claims and the companies never denied a claim because of no report of a simple speeding ticket. Policy may be set to non-renew for no license or could be canceled early in the policy period if the insured witheld information such as a suspended or revoked license. The insurance company is only allowed a certain amount of policy cancellations and they wouldn't waste it on a simple speeding ticket, most offenses are much worse.(DWI, accidents,etc.)

Answer 3

you won't have to tell them. They will find out automatically when your policy comes up for renewal.

Best bet is to avoid the points
1. Go to class and have the points removed (if possible in your state)
2. Contact a lawyer that specializes in traffic tickets. The fee you pay will save in the long run (rates of insurance going up for years vs a 1 time charge to a lawyer).
3. Go to court your self. If this is your first ticket, most state traffic courts have some leniency and if the judge is in a good mood you may get that break.

Answer 4

Yes, you have to tell them. Read your policy. It states that you must notify them of any circumstances that could change your risk. Medical conditions, tickets and accidents all come under that notification requirement.

Failure to do so COULD result in cancellation of your policy. Having insurance cancelled for cause will result in even higher rates from the next insurance company you deal with, on top of any surcharge for the ticket.

Answer 5

Definitely,
and even if you opt for a speed awareness course to avoid getting points, you still need to tell them.
It is unlikely that they will bump up your premium as a result.

Personally I just keep buying old cars with a few months tax, don't register them in my name and then dispose of them when the tax expires. Thus I don't need insurance to drive on the road so don't suffer with your problem! I have saved thousands in insurance premiums over the years since I came to this country

Answer 6

Well i told my insurance company 6years ago that i had an sp30 and they said it didnt matter and it didnt affect my premium at all. My hubby has a current sp30 on his licence and told the insurance company and it hasnt made any difference there either. But i would tell them anyway because chances are if you dont and you have to make a claim they have that as a get out clause if you dont tell them

Answer 7

Nothing happens if you don't.

You don't have to tell them, they're big boys, let them pull the MVR and find out for themselves.

If you can take traffic school or something to get it off your record, do it.

If you can' take traffic school, when you pay the ticket, pay $3.00 too much. When they send you a refund check for the $3.00, DON'T CASH IT! They will hold the file forever waiting for the $3.00 check to be cashed. The ticket can't show up on your MVR until the transaction is completed, and if you throw away the check, it will never be completed!

Answer 8

Even if you don't tell them, they will find out when they do their routine check of your DMV record.
Have you looked into going to "speeders school". Lots of states have it, usually it takes the points off your license (which means your insurance company won't find out about it) and sometimes it even reduces the fines.

You can even do speeders school on line in some states, rather than going into a classroom. I did it about 10 yrs ago in FL, was $80, reduced my fine and no points on my license. Check it out, well worth it if you can do it because your insurance will go up over the course of years FAR more than the cost of your ticket!

Answer 9

Yes you do. You will find the opportunity to do so when your insurance comes up for renewal. If you choose not to disclose the ticket then it could affect whether the policy pays out if you have to claim in the future. Sorry!!

Answer 10

Yes you do. When you take out your policy you will be asked if you have any convictions or points. If you say 'no' when you actually have then your insurance will be invalid and you could get done for fraud in the event of a claim.
Best to fess up!!