Moving violations can lead to higher insurance rates
Whenever you get a moving violation, no matter where you live, you'll end up paying more for the privilege of operating a motor vehicle.
You could pay hundreds of dollars for the ticket itself, and then as a result of the violation, your auto insurance rates will likely increase.
According to a new study conducted by InsuranceQuotes.com, if you live in New Jersey, the insurance rate hike you'll have to pay for several violations will be significant, and in some cases, more than the national average.
What you'll pay in the Garden State:
- For a ticking involving Driving Under the Influence, an increase of 112 percent in the average car insurance premium, compared with the national average of 92 percent;
- For speeding 31 miles per hour over the limit, an average of 37 percent more for insurance, compared to the national average of 30 percent;
- For reckless driving, New Jersey drivers will pay an average of 71 percent more for insurance, compared to the national average of 83 percent.
Laura Adams, a senior analyst at InsuranceQuotes.com said some minor violations don't impact your insurance rate has much as others, because they don't show risk as much to an insurance company.
"For instance, not wearing a seatbelt -- the national average is about a 5 percent increase for not wearing a seatbelt, but in New Jersey it will only increase your auto insurance rate about 1 percent," Adams said.
She added that typically, these rate hikes kick in when your policy is renewed, and they can stay on your policy for a few years.
"Getting a moving violation isn't just a one-time or a one-year increase on your car insurance rate, it will typically stay on your record for anywhere from three to five years -- that's the length of time you'll see an increased rate on your car insurance," Adams said.
If you do get a moving violation, she recommends shopping around for new insurance quotes.
"Even though that violation is going to be on your record and other insurance companies will be able to see it, there's some cases where insurance companies will give you different quotes, depending on the types of factors they are looking at, so you should compare rates with different companies to make sure you're not leaving money on the table," she said.
According to Attorney Matthew Reisig, DUI's cannot be plea bargained, pursuant to the guidelines of New Jersey court rules.
"In New Jersey, a person who gets convicted of DWI (Driving While Intoxicated) will have their insurance cancelled by their present carrier. They will then have to get insurance through assigned risk, a different carrier, their insurance rates will go up approximately two to three times from the present rate," Reisig said.
But after five years, the record is wiped clean.
"After that period of time, no insurance company in New Jersey has the ability to go back into a driver's history, or what we call an abstract," he said. "So in essence, if you get a DWI and let's just use our present year, 2015, and you do not re-offend between 2015 and 2020, when your insurance rates are calculated in 2020, the insurance company will not be able to use the 2015 DWI against the insured, so in essence it re-sets."