How long can you be penalized on your insurance premium for speeding?

Answer 1

Many insurance companies keep the points for motor vehicle tickets and accidents for 36 months but some do for 60 months. The time limit is up to the procedure of the insurance company, which generally have to approved by the state insurance regulator.

Another factor is that the "penalty" or rating will not come off until your next renewal date after the ticket reaches whatever time limit the company imposes. Also the penalty or increased premium rate doesn't go on your policy until your next renewal date after the company finds out about the violation. Insurance companies have to pay for the motor vehicle reports so often times a company will not pull a report at every renewal date unless you give them a reason. This means that if you pay on time, don't have underage drivers, and haven't had previous claims or excessive violations you may go for a year or two without the insurance company finding these events because the insurer will not have had cause to find out.

Read you policy and make sure you don't have a contractual obligation to report tickets to your insurer as well.

For full disclosure, I own and operate a small Independent Insurance Agency in Georgia and have for the past 22 years. I also worked for a direct writer for the 3 years before that.