Reasons On Having Expensive Car Insurance Fees
There are a number of criteria that decide the overall cost of insurance. These can be various things. It may be a person’s driving record and their history.People tend to take speeding riding tickets. They don’t understand that these have a great effect on the person’s overall insurance price. Research done on various accidents suggest that most accidents occur due to the fact that people are driving fast. They try to overtake the vehicle in the front and this causes various accidents. According to the e research about thirty five percent of accidents occur due to this reason.One must drive slowly to avoid accidents. This can greatly reduce the accidents occurring in this world. There is another aspect of slowing down by the drivers. They tend to slow down after receiving their speeding tickets. In many cases these incidents are applicable for a very short duration. Studies show that receiving tickets reduced the chance of accidents by less than 35 percent. These were extensive studies done by reputable agencies and done over a considerable period of time. It is very discouraging to note that the speeder did not practice these safe driving techniques for long. It was only for a duration of few months.
The above-mentioned studies, and others like them, show that those who speed regularly have over a 50% greater chance of being fatally injured in a car accident than those who obey traffic laws. This is why insurance companies consider speeders to be such a liability and charge more for assuming the risk of insuring those who get speeding tickets. Below are a few points for those who have a history of speeding tickets to consider when shopping for car insurance:
1.Having one ticket for speeding doesn’t affect yet your insurance rate, unless if you are reported to drive awfully fast over 15 miles above the legal speed limit as imposed by the law.
2) If you do not have a clean driving record, one ticket can increase your rates by a minimum of 27%.
3) One point is added to your record for every speeding ticket (more for those citations also considered reckless driving). When you have an accumulation of these points over a three-year period, your auto insurance rates can increase by about one thousand dollars.
4.Having multiple speeding tickets will not be advantageous when you are applying for insurance.
If you get a speeding ticket, it is always a good idea to show up and contest the ticket. You may still be responsible, but you may also find that the ticket is thrown out on a technicality. You don’t need to hire legal representation for this, but you should not admit fault and keep your cool.
Graham McKenzie is the content syndication coordinator for Carinsurancesa.co.za, a leading South African car and vechile portal.
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