Can GEICO raise your rates for speeding tickets?

I got two speeding tickets recently. They are minor, but I'm worried they'll impact my rate. Does GEICO raise your insurance rates if you have speeding tickets?

Answer
GEICO won’t raise your rate immediately, but they will **review your driving record when your policy is up for renewal. Even if the tickets on your record are minor, they can still impact your rate. This is because car insurance is based on risk.
Speeding is considered a high risk activity, which means that insurance carriers see you as a higher risk for insurance. They often will charge higher rates to reflect this risk.
However, every carrier is different. While your rate may increase, it won’t increase the same amount with every carrier. Some carriers don’t rate tickets negatively as others.
If your rate does increase with GEICO, you can always look at other carriers. Comparison shopping will allow you to see what other carriers are offering based on your current driving record.”
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Emily Maracle
Answered on Jul 29, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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