How a speeding ticket impacts your insurance in Minnesota
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The Minnesota Office of Traffic Safety reports that 75 of the 364 traffic-related deaths in 2019, the most recent year with available data, were speed-related. This means that speeding is the second-highest cause of traffic fatalities in Minnesota behind driving under the influence. Speeding tickets are relatively common, but they’re still indications of risky driving behavior. A Minnesota speeding ticket increases the average cost of car insurance by 24%, according to Bankrate’s 2021 study of quoted annual premiums.
How much is a speeding ticket in Minnesota?
The cost of a speeding ticket in Minnesota depends on how fast you were going over the speed limit. Fines may also vary depending on the county you live in. In Itasca County, for example, the fines are as follows:
- One to ten miles per hour (mph) over the limit: $125
- 11 to 14 mph over the limit: $135
- 15 to 19 mph over the limit: $145
- 20 to 25 mph over the limit: $225
- 26 to 30 mph over the limit: $285
- 31 mph or more over the limit: $385
Minnesota law states that drivers who were ticketed for driving more than 100 mph may have their license suspended or revoked for six months. Repeat offenders may also face stiffer penalties.
How much does your insurance go up after a speeding ticket in Minnesota?
In addition to fines, your car insurance premium will also likely increase after a speeding ticket. Many factors can affect how much rates go up after a moving violation, such as the company you choose, your overall driving record, and your age and gender.
Minnesota’s car insurance rates for females are higher on average than a male’s, despite the fact that female drivers are statistically less likely to engage in risky driving behavior. This may be due to ticket statistics on a state level.
Average annual full coverage premium
|Age||Rate before speeding ticket||Rate after speeding ticket||% increase|
The state of Minnesota has one of the lowest average increases after a speeding ticket. Even though rates go up less than average, a motorist can expect to pay just under $400 more per year for car insurance, on average, after a moving violation.
How to lower your car insurance after a speeding ticket in Minnesota
A Minnesota speeding ticket is very likely to raise your car insurance premium, but there are ways to save on coverage to offset part of the increase. You might want to consider the following ways to lower your insurance rates.
Get quotes from other car insurance companies
Switching car insurance companies can be worth the effort; rates vary by provider and you might save hundreds per year on coverage. This is because each company has its own rating system and some charge more heavily for tickets than others. Take a look at how your premium could be affected after a speeding ticket with various car insurance companies in Minnesota:
Average annual full coverage premium
|Car insurance company||Rate before speeding ticket||Rate after speeding ticket|
*Premiums are average annual full coverage premiums for 40-year-olds
Although the price of car insurance is important, there are other factors worth considering. You may want to do some research on the company you are interested in before you sign up by reading customer reviews and complaints to learn more about how the company works.
Maintain a clean driving record going forward
Additional tickets will likely raise your premium even more. You may want to pay closer attention to your speed or take a defensive driving course to learn safer habits. Steering clear of further citations could help you avoid another premium increase.
If you have home and auto insurance, consider purchasing your policies with the same company to get any available bundling discount. You could also sign up for paperless statements, automatic payments or a telematics discount (assuming you continue to drive safely) to help lower your insurance cost.
Other speeding ticket considerations
If you have no previous tickets or convictions, you may be able to have your ticket dismissed, which means it won’t show up on your driving record. This could help keep your car insurance premium from increasing. Regardless of how fast you were traveling, you’ll likely face fines after a speeding citation. You may also have your license suspended or revoked and could even face jail time, depending on the circumstances of your ticket.
Frequently asked questions
What is the best car insurance company for drivers with speeding tickets?
Some car insurance companies raise premiums more after speeding tickets than others. Bankrate found that American Family and State Farm have the cheapest average full coverage rates in Minnesota after a speeding ticket. However, to find the best provider, you may want to get quotes from several carriers to see which can offer you the lowest price and coverage that fits your needs.
Do I need to appear in court if I get a speeding ticket?
You might. One of the best ways to handle the process after a speeding ticket is to work with a lawyer familiar with the court system.
How long will a ticket stay on my record?
Most insurance companies charge for moving violations for three to five years. During this time, you’ll likely have higher insurance rates than you did before your ticket. Once your ticket is old enough — and that depends on each company’s underwriting guidelines — you may see your rates go back down, assuming you’ve kept a clean driving record.
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 a 40-year-old male and female driver 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 coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), single speeding ticket.
Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.