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Because you are more likely to have an accident if you drive too fast. And insurance balances the likelihood of people having accidents.

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Q: Why does auto insurance go up after a speeding ticket?
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Related questions

What would make your auto insurance go up?

If you get into an accident or get a speeding ticket your insurance will go up. I'm not sure about other traffic violations but speeding will.


If you get a no seat belt ticket in NY State does it raise your auto insurance?

I received a speeding ticket that I talked the trooper down to writing me for a seatbelt violation. My insurance did not go up as a result of this ticket. (I live in New York).


When you get your first speeding ticket does you insurance go up?

Yes it will.


Does your insurance go up for speeding ticket?

If they find out about it then it might.


Will an in state speeding ticket from Colorado affect your auto insurance?

The speeding ticket will go on your driving record. As to whether or not it will increase your auto insurance rate is really up to your insurance company. Many companies will not increase your rate for one minor violation if you only have one on your record. Many states and insurance companies recognize a ticket at or over 20 mph over the speed limit as a major violation instead of a minor violation.


Does a speeding ticket go against your insurance?

no of course it doesn't fool


Will your car insurance go up if speeding in a school zone?

will my car insurance go up because I received a speeding ticket intermediate in a scool zone?


What happens if you get a speeding ticket in Florida and live in California and don't pay the ticket?

If I am from Florida but got a speeding ticket in CA, can I go to Traffic School to remove the points from my insurance? I plan on paying the ticket.


Does a speeding ticket affect insurance rates?

A speeding ticket of 10mph less will affect your insurance directly. Premiums often go up and remain high for extended periods of time.


How does a radar speeding ticket affect your auto insurance in Maryland for a person under 18?

If you do not go to traffic school to get the ticket removed from your record then yes it can affect your rates. However depending on the length of time you have had your insurance, the company, and your specific policy, then your insurance company can choose not to change your rates.


If your vehicle is on your parents policyand you got a second speeding ticket does that make their insurance go up even though they did not get the ticket?

Yes.


How much will your insurance go up if you are 23 and get a speeding ticket for going 12mph over the limit?

You're insurance should not go up if this is your first time and as long as you pay the ticket. But you can contact your insurance company and find that out with them