Increase in insurance premiums is an unfortunate consequence of traffic violations. The amount of the increase, however, is dependent on several factors, including the following:
Your driving record has a considerable influence on your insurance premiums. If you are a repeat offender, you are likely to be penalized more harshly. If this is your first offense, it is likely to have less effect on your insurance premiums.
Insurance companies want to mitigate risk, and they assess the type of violation to determine if you are an at-risk driver, thus requiring higher premiums. More serious driving offenses (reckless and careless driving) will be looked at more closely than less serious offenses (low level moving violations).
There is no set formula to determine when your insurance premiums will increase and by how much, but it is important to recognize the factors that may influence the increase in premiums.