Driving over the posted speed limit is illegal in Indiana and if caught, drivers can face penalties. Indiana drivers who get a speeding ticket are typically fined based on how fast they were going at the time of the incident.
In addition, car insurance rates generally increase after a speeding ticket in Indiana. It is important for Indiana drivers to understand how a speeding ticket will impact their car insurance rate and what other consequences they might face.
How much is a speeding ticket in Indiana?
So how much is a speeding ticket in Indiana? In one major Indiana city, Fishers, a speeding ticket could cost between $180-$210 if paid by the court date, with the fine depending on how fast the driver was going over the speed limit. For drivers traveling 1-15mph over the speed limit, the total cost of the ticket may be up to $180. For drivers caught going 16-25mph over the speed limit, the fine may be up to $200. In a school zone, the fines for speeding are more expensive than the base at both speeding levels. A speeding ticket cost in Indiana may vary slightly in other cities.
Indiana also uses a points system, where drivers collect points based on certain infractions. A speeding ticket usually results in two to six points, depending on the circumstances. After 20 points, a driver may have their license suspended.
How much does a speeding ticket increase your car insurance in Indiana?
Those unfamiliar with Indiana driving laws may wonder, “Does your insurance go up for a speeding ticket in Indiana?” On average, a speeding ticket in Indiana will cause your car insurance rate to increase by anywhere from 18-21%. However, the rate increase depends on certain factors, two of which are your age and gender. Young drivers typically pay the highest rates because they lack on-road experience. However, older drivers could actually see a larger percentage increase after a speeding ticket.
|Age||Average annual full coverage premium before speeding ticket||Average annual full coverage premium after speeding ticket||% increase|
Based on the data in the table above, 18-year-old drivers could see a rate increase of 18% on average after a speeding ticket. On the other hand, 40-year-old drivers could see an average increase of 21%. In both age groups, male drivers pay higher rates on average than females both before and after a speeding ticket.
How to lower your car insurance after a speeding ticket in Indiana
Car insurance rates typically increase automatically after a speeding ticket in Indiana. Unfortunately, there is not much to do to avoid a rate hike from an insurance company other than working to maintain a clean driving record. However, there are ways that drivers could lower their rate after a speeding violation.
Get quotes from other car insurance companies
One way to potentially get a lower car insurance premium after a speeding ticket is to switch insurance companies. Consider getting a few quotes from other providers and see if you can find a better rate elsewhere. While most insurance companies do not charge a cancellation fee, even if you cancel outside of the renewal period, you should contact your insurance company directly to discuss their cancellation policy. The table below includes some of the best car insurance companies in Indiana and their average rates before and after a speeding ticket:
|Car insurance company||Average annual full coverage premium before speeding ticket||Average annual full coverage premium after speeding ticket||% increase|
|Indiana Farm Bureau||$1,268||$1,512||19%|
|State Auto Insurance||$1,958||$2,266||16%|
|The Western Reserve Group||$1,460||$2,282||56%|
*Premiums are average annual full coverage premiums for 40-year-olds
When shopping for a new car insurance company, it helps to evaluate each provider on factors besides price. It is also important to consider the customer service ratings, coverage options and discounts available, as well as the company’s claim handling reviews.
Pay your premium in full
Most car insurance companies offer a discount to drivers who pay their annual premium upfront and in full, rather than in monthly installments. The discount is usually small, but a perfect driving record is not generally a requirement to qualify. In addition, paying your premium in full means you do not have to worry about the monthly payment schedule.
Choose a different vehicle
If you are struggling to afford your car insurance premium after a speeding ticket, another option is to get a different vehicle. The make and model of your vehicle impact the cost of your insurance, so if you drive a new car or a luxury vehicle, consider trading it in for a less expensive, used model.
Other speeding ticket considerations
In Indiana, some of the most impactful consequences for a speeding ticket are increased car insurance rates, fines and potential license suspension. However, drivers who get caught going more than 26mph over the speed limit may have a mandatory traffic court appearance, as well as any driver under 18 who gets a speeding ticket.
Frequently asked questions
What is the best car insurance company for drivers with speeding tickets?
There is no single best car insurance company for drivers with a history of speeding tickets. The best provider is unique to each individual and depends on factors like budget, coverage needs and location. To find the best company for you, shop around and compare providers using your personal criteria. Then, get quotes to see which company can offer the lowest rate for the type and amount of coverage you want.
What is the average car insurance premium in Indiana?
The average car insurance premium in Indiana is $1,254 per year for a full coverage policy and $367 per year for a minimum coverage policy. However, every driver pays a different rate. You might pay more or less than the statewide average based on your age, ZIP code, credit score and driving record.
How much car insurance is required in Indiana?
Car insurance is a legal requirement in Indiana. Drivers must carry at least 25/50/25 personal liability insurance, which includes $25,000 for bodily injury coverage per person, $50,000 for bodily injury coverage per accident and $25,000 for property damage coverage. Drivers have the option to deny uninsured/underinsured motorist coverage, increase their coverage limits or purchase a full coverage policy for more protection.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 18-year-old and 40-year-old male and female drivers with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.
Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner.
These are sample rates and should only be used for comparative purposes.