Slow Down: 1 Ticket, Car Insurance Jumps
Car insurance premiums rose on average 18 percent in 2010 if you had one moving violation on your record, according to a new report by insurance.com of 397,000 insurance quotes it generated last year. Two moving violations on your record? Your average rate increases 34 percent compared to drivers with no violations. And at three violations, annual premiums jump to 53 percent higher. For drivers with no violations, the average annual car insurance premium was $1,119 in 2010. Drivers with one violation paid on average $1,318; two-violation drivers paid $1,497; and three-violation drivers paid $1,713, according to insurance.com. What you drive also may be influencing how you drive, according to a previous company study from December 2010. The study revealed the vehicles that tend to get the most moving violations:
- Mercedes-Benz SL-Class convertible
- Toyota Camry Solara coupe
- Scion tC coupe
- Scion xB hatchback
- Mercedes-Benz CLS 63 AMG sedan
- Acura Integra coupe
“I guess I better get rid of my Mercedes Benz!”
Source: “Study: Car Insurance Premiums Jump 18% After One Ticket,” The Los Angeles Times (May 23, 2011) and “Vehicles With the Most and Least Violations,” Insurance.com (Dec. 1, 2010)
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