Insurance
Tickets Points and Auto Insurance Rates

Is there a penalty if you do not tell a your insurance company about having two speeding tickets when renewing your policy if they do not ask?

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2005-09-21 03:42:21
2005-09-21 03:42:21

The insurance companies know how many tickets you get as soon as they punch your drivers licience number into the computer. It all comes up there if the tickets were in the past 3 - 6 years. If your insurance company doesn't ask you don't have to tell. However if you give them a reason to check your MVR, such as filing a collision claim then you may be in trouble. Drive carefully!

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There is a penalty for misrepresenting information requested on an application for insurance. When you sign the application you are certifying that the information you provided is true. If the company determines that you lied, it won't pay the damages and may prosecute you for fraud. The fine can be expensive.


It depends. One way or the other, your new carrier will find out about the speeding tickets. And, of course, when you got the speeding tickets matters, too. If they're fairly recent (ie, in the last three years), your carrier can do a couple of things: 1. Drop you altogether for misrepresenting yourself on your application. 2. Raise your premiums accordingly, including back-dating your premium to the policy inception to include the charge for the speeding tickets. If I were you, I'd let them know ASAP so you don't have any nasty surprises. You changed companies because of the other insurance company's overbearing cost for their assigned points. Is there a penalty for the Insurance companies for not openly disclosing in their policies the $$ cost of their points on their insurees? There is no penalty for not "disclosing" costs. Insurance underwriting takes many factors into account and cannot be predicted or disclosed ahead of time. At the time that the accident or crime shows up on your record, you will get your new insurance rate quote. It is your choice to accept the rates, or shop around for a better price. If you drop your former insurance company and apply with another company without telling your past history, another company may refuse to insure new policy. It is better to keep old policy and shop around for better price for future policy change. Wait until your old policy expire before accept new policy with other insurance. Most other insurance will NOT accept if you still have your insurance policy in service. You may have to wait until it expire.


Contact your local DMV or the Law enforcement department that issued you the citation. They will be happy to tell you the amount of the fines (penalty) you will need to pay and where you need to pay them.


In Illinos a speeding tickets does not have a statute of limitations. You have been informed of the violation and penalty.


In Mississippi a speeding ticket will not have a statute of limitations. You have been informed of the violation and penalty.


In Georgia, speeding tickets do not have a statute of limitations. You have been informed of the violation and penalty.


A speeding fine in Ireland is €80 and 2 penalty points on your license.


The insurance company surrender charge is not deductible. Nor is the 10% federal penalty.


Drivers who are convicted of speeding incur a penalty.


If you do not appear, you will be found guilty, the penalty for the specific offence will be levied and the decision will be reported to your insurance company. This may or may not affect your insurance rates.


Every state has some sort of "Prompt Pay Law" which determines how long an insurance company has to pay a claim or they will incur a penalty. However these vary greatly from state to state.


You will have to apply for a new registration.If the registration had lapsed you will also have to pay a penalty for not renewing.If you had applied for a planned non operation, there will be no penalty just get it registered again.


A £60 fixed penalty notice, however insurance can be invalidated.


The fixed penalty notice for speeding is £100 for each offence. If it goes to court, the maximum is £1000 for each offence. -- The minimum penalty for speeding is a £100 fine and 3 penalty points added to your licence. You could be disqualified from driving if you build up 12 or more penalty points within a period of 3 years. If you're stopped by the police for the speeding offence, they can either: (A) send you the details of the penalty (B) send the case straight to court If you weren't stopped by the police for the speeding offence (eg it was caught by speed camera), the vehicle's registered keeper must be sent a notice of intended prosecution within 14 days. You may have to go to court if you ignore the notice.


I am not sure about California itself but of the states I do no about the penalty is always more than six months of insurance would have cost the person had they purchased the liability insurance.


In Trinity, California, a speeding ticket can cost up to $1,000 depending on how fast you were speeding and where. You have three options if you receive a speeding ticket in Trinity. You can attend traffic school, pay the civil penalty on the ticket or plead not guilty. Pleading not guilty and being found guilty, can result in a steep fine, points on your license and mandatory traffic school. Your insurance rates are also very likely to go up.


== == I'm sure that the state of Georgia has a penalty scale that goes up, the faster you were speeding.


your insurance co will notify the DMV and then can suspend your license



Penalty for Insurance FraudFine? Perhaps you meant to ask what is the Penalty for Insurance "Fraud"? Most US states hand out terms of up to 20 years in Prison for insurance fraud. It is a Felony. Should the fraud have cost the Insurance Company or some other driver to suffer a financial loss, Then you as the Defrauder would also be financially liable to those parties.Basically the Illegal alien friend if not named on the policy as an Insured driver is "Un-insured" regardless of immigrant status. An Insurance Company does not have to pay a claim or loss that is the result of fraud.


Most insurance companies have an option wherein we can revive the policy by paying a small penalty amount. Even after the grace period is over, we can pay our premiums with a small penalty which the company takes as charges for not paying the premium on time and revives the policy. Since insurance is an important aspect of our financial plans, it is very important that we do not delay our premium dues and pay them on time…


murder and forge signature life insurance policy


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.


Refer to your State Insurance Regulations or ask your Insurance Agent. Insurance is regulated by each of the 50 states and the penalties will vary depending on where you live. Generally the first time or anytime penalty for driving without insurance is a hefty fine and drivers license suspension.


If you cause death by speeding - up to 14 years in prison, unlimited fine, disqualification for at least 2 years, 3-11 penalty points.If you endanger life by speeding - up to 2 years in prison, unlimited fine, disqualification, 3-11 penalty points.If you are driving carelessly or inconsiderately - unlimited fine, possible disqualification, 3-9 penalty points.Plain old speeding - up to £1000 fine (£2,500 on a motorway), possible disqualification, 3-6 penalty points.As a general rule, you will only be prosecuted for speeding if you were caught travelling more than 10% + 2 of the speed limit and you will only be summonsed to court if you were travelling more than 26 mph above the limit (for speed limits 40+), 15 above a 20 or 20 above a 30.If you were travelling 10% + 2 above the limit, not going fast enough to be summonsed to court you will receive a fixed penalty notice of £100 and 3 points - if it is your first speeding offence, you may be offered a drivers awareness course that you must fund and attend, this will be in lieu of a fine and points.And points or motor offences will drastically increase your insurance costs.



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