In Indiana, driving over the speed limit is an offense and drivers could face severe penalties if they are caught. Drivers in Indiana who are given a speeding ticket will typically be fined according to how fast they were driving at the time.
In addition, car insurance rates generally increase after a speeding ticket in Indiana. Drivers in Indiana need to know how speeding tickets can affect their car insurance rates and any other possible consequences.
What is the cost of a speeding ticket for Indiana?
How much does a speeding ticket cost 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. The total ticket cost for drivers who drive between 1 and 15 mph faster than the speed limit could be as high as $180. The fine for drivers who go 16-25 mph faster than the speed limit could be as high as $200. Speeding in a school zone is more costly than the base speeding level. In Indiana, the cost of a speeding ticket may be slightly different in other cities.
Indiana also uses a points system, where drivers collect points based on certain infractions. Depending on the circumstances, a speeding ticket can result in between two and six points. Drivers may lose their driver’s license after 20 points.
How does a speeding ticket affect your Indiana car insurance?
In Indiana, speeding tickets can cause insurance rates to rise by 18-21%. The rate of your car insurance will increase depending on two factors: your gender and age. Because they have less experience on the road, young drivers tend to pay higher rates. Older drivers may see a greater percentage increase in their rates after getting a speeding ticket.
The table below shows that 18-year old drivers could experience an average rate increase of 18% after getting a speeding ticket. The average rate increase for 40-year-old drivers is 21%. Male drivers are charged higher rates than females in both age groups.
How to lower your car coverage after getting a speeding ticket from Indiana
After a speeding ticket in Indiana, car insurance rates usually increase. There is little you can do to avoid an insurance company raising your rate. There are still ways drivers can lower their rates after being cited for speeding.
Get estimates from other car insurance providers
One way to potentially get a lower car insurance premium after a speeding ticket is to switch insurance companies. You might consider getting quotes from different providers to see if there is a better rate. Although most insurance companies don’t charge cancellation fees, it is worth contacting your company to find out 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:
It is important to compare each provider when shopping for car insurance. You should also consider customer service ratings, available coverage options, and discount rates, as well the company’s claims handling reviews.
Your premium must be paid in full
Many car insurance companies offer discounts to drivers who pay their annual premium in full and upfront, instead of in monthly installments. Although the discount is often small, a good driving record is not required to be eligible. You don’t have to worry about monthly payments if you pay your premium in full.
You can choose a different vehicle
Another option to consider is a new vehicle if you have difficulty paying your car insurance premium due to a speeding ticket. 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.
Additional speeding ticket considerations
A speeding ticket in Indiana can have serious consequences. These include increased car insurance rates and possible license suspension. Drivers caught speeding at 26 mph or more may be subject to mandatory traffic court appearances.
Questions frequently asked
Which insurance company is best for drivers who have been cited for speeding?
There is no single best car insurance company for drivers with a history of speeding tickets. Each person’s needs, budget, and geographic location will determine which provider is the best. Compare providers and shop around to find the best one for you. Get quotes so you can compare the rates and see which company offers the best coverage.
What is Indiana’s average car insurance premium?
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. Each driver will pay a different rate. Based on your driving record, age, ZIP code and credit score, you might pay more than the statewide average.
What is the Indiana minimum car insurance?
In Indiana, car insurance is required. 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.