How a speeding ticket impacts your insurance in New Jersey

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If you live in the Garden State, understanding how a speeding ticket could affect your car insurance might be helpful information. Speeding tickets are relatively common but come with a host of consequences. In addition to the cost of the citation itself, your car insurance rates will likely increase. Bankrate’s 2021 study of quoted premiums found that one speeding ticket increased average car insurance rates in New Jersey by 35%. Considering that the average cost of car insurance in New Jersey is $1,757 per year, a 35% increase means adding about $620 per year (or $52 per month) to your policy.

How much is a speeding ticket in New Jersey?

According to New Jersey laws, speeding tickets can vary based on how severe the violation is. Here is the average speeding ticket cost in New Jersey:

  • Speeding one to nine miles per hour (mph) over the limit: $85
  • Speeding 10 to 14 mph over the limit: $95
  • Speeding 15 to 19 mph over the limit: $105
  • Speeding 20 to 24 mph over the limit: $200
  • Speeding 25 to 29 mph over the limit: $220
  • Speeding 30 to 34 mph over the limit: $240
  • Speeding 35 to 39 mph over the limit: $260

Your actual fine will depend on the circumstances of your ticket. If you speed 20 or more mph over the limit, for example, your fine could be doubled, and if you speed in a construction zone, you’ll also likely face higher fines. Depending on the severity of your infraction and your past driving record, your license could be suspended or revoked, your vehicle could be impounded and you may face jail time.

How much does your insurance go up after a speeding ticket?

A New Jersey speeding ticket increases average car insurance rates in the state by 35%. Age and gender can impact car insurance premiums, with younger drivers tending to pay more due to inexperience. Young male drivers often pay among the highest car insurance premiums, but in New Jersey, by the time drivers reach age 40, premiums are nearly the same between the genders. Although baseline rates for male and female motorists are close, male drivers are typically penalized with higher average premium increases after speeding tickets than female drivers. This may be because male drivers are statistically more likely to engage in risky driving behavior.

Average annual full coverage premium

Age Rate before speeding ticket Rate after speeding ticket % increase
40-year-old male $1,722 $2,377 38%
40-year-old female $1,793 $2,379 33%
Total average $1,757 $2,378 35%

If you get a speeding ticket, you may have points put on your license. However, these are not “New Jersey insurance points.” Insurance companies don’t use point systems to track your driving record and license points do not translate directly to premium increases.

How to lower your car insurance after a speeding ticket in New Jersey

Speeding tickets are fairly common, but because they can be indicators of risky driving habits, most insurance companies will increase your premium after a citation. However, you can take steps to lower your premium to help offset the increase.

Get quotes from other car insurance companies

Different New Jersey car insurance companies rate policies differently; some may charge more for tickets than others. Comparing quotes could help you find a cheaper carrier. Switching companies may be worth your while if you could significantly save on car insurance.

Average annual full coverage premium

Car insurance company Rate before speeding ticket Rate after speeding ticket
Allstate $1,686 $2,508
Amica $1,504 $1,953
Geico $1,316 $1,566
Progressive $1,469 $1,710
State Farm $1,244 $2,469

*Premiums are average annual full coverage premiums for 40-year-olds

Although price is an important aspect when it comes to car insurance, there are other factors you may want to consider before you decide on a carrier. Reading customer reviews, analyzing third-party ratings and visiting the carrier’s website may help you learn more about the company and its insurance products.

Take advantage of discounts

Many insurance companies offer discounts to help drivers save. If you bundle your auto and home insurance, for example, you might save on both policies. You might also see savings if you go paperless, pay your bills automatically or insure two or more vehicles on the same policy. If you can avoid additional speeding tickets, accidents and DUI convictions, you might see your premium drop as your ticket gets older. A clean driving record can lead to safe driver and claims-free discounts.

Consider the car you drive

The type of car you drive has one of the biggest impacts on your car insurance premium. Different vehicle makes and models have different premiums. Some cars might be statistically  more likely to be in crashes, for example, while others may cost more to repair or replace. If your budget is very constrained by a speeding ticket increase, getting a cheaper car could help.

Other speeding ticket considerations

New Jersey uses a points-based system to keep track of a motorist’s moving violations. Points are based on the severity of the speeding offense.

  • Exceeding the posted speed by one to 14 mph over the limit: 2 points
  • Exceeding the posted speed 15 to 29 mph over the limit: 4 points
  • Exceeding the posted speed 30 mph or more over the limit: 5 points
  • Highway racing: 5 points

Your license could be suspended if you get 12 or more points on your record. The New Jersey Motor Vehicle Commission (MVC) will send you a notice in the mail when you are close to 12 points and may recommend that you take a driver improvement course.

Depending on your circumstances at the time of your ticket, you’ll likely face fines, you may have your license suspended and you may need to appear in court. If you are a repeat offender or your infraction was serious enough, you could face jail time.

Frequently asked questions

What is the best car insurance company for drivers with speeding tickets?

There are dozens of car insurance companies in New Jersey to choose from, but the best company, even after a speeding ticket, will vary by driver. Your unique rating factors like your age, the car you drive and the coverage types and levels you choose — as well as the traits you are looking for in a company — will impact which carrier is best for you. Getting several quotes may help you find the insurance provider that best fits your needs.

How long will a New Jersey speeding ticket stay on my record?

Your speeding ticket may always show up on your driving record, but it isn’t likely to affect your car insurance premiums forever. Most companies surcharge for tickets for three to five years. After that time, you might see your rates go back down, assuming you’ve kept a clean driving record.

Why do speeding tickets increase car insurance rates?

Insurance companies view speeding as an indication that your driving habits could be riskier than usual. Speeding could mean you are more likely to get into accidents and your accidents may be more severe. Car insurance is based on risk, so high-risk drivers in New Jersey will likely pay more for coverage.

Methodology

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, Montana, North Carolina, Pennsylvania.

Written by
Cynthia Paez Bowman
Personal Finance Contributor
Cynthia Paez Bowman is a finance and business journalist who has been featured in Bankrate, Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com. She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.
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Insurance Writer & Editor