MYTH: I get one free speeding ticket before my insurance rate goes up.
Most speeding tickets are classified as minor violations (if speeding below 40-50 km/h), and as long as they appear on your driving record, they may affect your insurance rate. Although some insurance companies may not change rates based on one minor violation, others may change rates and some actually offer a discount for clean driving records. If your rates do not go up because of one speeding ticket, you essentially forgo the offered discount. If your car insurance premium went up because of one minor violation, make sure to shop for car insurance quotes to ensure that you’re paying the lowest rate available.
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