You can run into credit problems if you ignore or fail to pay your ticket in a timely manner.

In theory, a speeding ticket has no direct correlation with your credit worthiness. In fact, if you responsibly pay a ticket by its due date your credit score is unaffected. However, you can run into credit problems if you ignore or fail to pay your ticket in a timely manner.

How much does insurance go up after a speeding ticket?

If a speeding ticket does impact your rates, the amount it increases varies depending on your overall driving history, where you were driving, and how fast you were going.

These annual averages might not reflect your situation, but they can give you an idea of how different types of speeding tickets impact insurance rates. The annual average premium without any speeding tickets was $1,427. The increase after a speeding ticket depends on how fast you were driving when you got a ticket:

• Six to 10 mph over the limit: $281 (a 20 percent increase)
• 11 to 15 mph over: $298 (a 21 percent increase)
• 16 to 20 mph over: $329 (a 23 percent increase)
• 21 to 25 mph over: $348 (a 24 percent increase)
• Speeding in a 65 mph zone: $401 (a 28 percent increase) 
• Speeding in a school zone: $293 (a 21 percent increase)