June 13, 2024

Deniz meditera

Imagination at work

How a Speeding Ticket Impacts Your Insurance in New York

6 min read

How much will your insurance increase after getting a speeding ticket in New York? Though there is not a set amount, it was found that a speeding ticket increased the average cost of car insurance in New York by 14%, according to Bankrate’s 2021 study of quoted annual premiums.

The reason behind increased premiums after a speeding ticket is sound: the National Highway Traffic Safety Administration (NHTSA) estimates that one-third of all traffic fatalities are a result of speeding. However, if you have a recent speeding ticket on your record, there are things you can do to lower your premium.

How much is a speeding ticket in New York?

You may be wondering: “How much does your insurance go up after a speeding ticket?” The answer depends. The two most significant factors for rates after getting a speeding ticket are your driving history and the severity of your speeding ticket. A speeding ticket of 10 mph or over is not going to affect your premium as much as 30 mph over.

Unlike other states in the country, New York laws make it very clear what drivers can expect to happen after a speeding conviction. Speeding ticket costs in New York are as follows:

  • Up to 10 mph over the speed limit: $45-$150 in fines with possible jail time of up to 15 days
  • 11-30 mph over the speed limit: $90-$300 in fines with possible jail time of up to 30 days
  • Over 30 mph above the speed limit: $180-$600 in fines with possible jail time of up to 30 days

Drivers can expect to receive increased fines for repeat offenses within an 18-month window. Should a driver receive three or more speeding convictions within 18 months, license revocation is likely.

In addition to fines, New York drivers also receive penalty points (also called New York insurance points) for each violation they are convicted of. The points for speeding are as follows:

  • 1-10 mph: 3 points
  • 11-20 mph: 4 points
  • 21-30 mph: 6 points
  • 31-40 mph: 8 points
  • 41 or above: 11 points

In New York, drivers who receive 11 points within an 18-month period are subject to potentially have their license suspended. Should this happen, they might have to pay a reinstatement fee and take a driving safety course after the suspension period is over.

How much does a speeding ticket increase your car insurance in New York?

According to a study conducted by the NHTSA, young men are 50% more likely to speed than women. Furthermore, in 2019 the International Institute for Highway Safety found that 71% of all traffic-related deaths were men. Of those deaths, 27% were a direct result of speeding.

Fortunately, men’s driving habits tend to settle down by the time they turn age 40, which is why there is only a slight difference between what men and women pay at this age.

Average annual full coverage premium

Age Rate before speeding ticket Rate after speeding ticket % increase
40-year-old male $2,258 $2,631 17%
40-year-old female $2,383 $2,665 12%
Total average $2,321 $2,648 14%

Women age 40 may pay a little more for car insurance with a clean driving record, but as can be seen, men are generally penalized by a higher percentage than women for speeding.

How to lower your car insurance after a speeding ticket in New York

A New York speeding ticket usually brings with it higher insurance premiums. Even so, there are things drivers can do to lower their monthly costs. Provided drivers keep their driving record free of further convictions, the strategies below should help.

Get quotes from other car insurance companies

The percentage increase in rates after a speeding ticket varies with each insurance company. As the table below illustrates, some companies increase rates more drastically than others. For this reason, drivers should consider shopping around after receiving a speeding ticket, as they may save a significant amount of money by changing providers.

Average annual full coverage premium by car insurance company in New York

Car insurance company Rate before speeding ticket Rate after speeding ticket
Allstate $2,433 $2,922
American Family $4,764 $6,371
Chubb $2,758 $2,950
Erie $1,629 $1,745
Geico $1,969 $2,617
Kemper $3,150 $3,614
Main Street America Group $761 $872
NYCM $2,669 $2,835
Preferred Mutual $2,869 $3,033
Progressive $1,139 $1,384
State Farm $2,333 $2,451
USAA $2,137 $2,326

*Premiums are average annual full coverage premiums for 40-year-olds.

While rate shopping, it may help to research each company’s J.D. Power rating for customer satisfaction and any online reviews other customers have left. By doing this, you may be able to tell whether or not you want to work with a company. For example, some providers are better to work with during claims than others.

PIRP / Driving Safety Course

Standing for “Point and Insurance Reduction Program,” New York’s PIRP program can help drivers remove points from their record and save a percentage on their insurance premiums. There is a fee to take the course, but drivers can take the course entirely online at their convenience. Completing a course does not remove the violation from a record, but it could remove points, which could help prevent license suspension in case future convictions occur.


Discounts for bundling insurance policies are common, but are also one of the more powerful discounts in the market. Bundling occurs when you purchase more than one policy from the same provider. Car insurance policies are commonly bundled with homeowners, renters and life insurance to receive a discount. The amount drivers save by bundling varies with each provider, but many companies are known to give significant savings to multi-policy customers.

Other speeding ticket considerations

Should someone’s drivers license be suspended after receiving too many New York speeding tickets, there is a suspension termination fee of $50. However, if the fee was administered for an incident involving alcohol, the fee may be up to $100. You can typically pay this fee online, through the mail or at a local DMV office. To do this you will need your DMV number, birthday, and the last four digits of your Social Security Number.

Frequently asked questions

What is the best car insurance company for drivers with speeding tickets?

The best insurance companies for drivers with speeding tickets will vary per person. Each company increases rates differently based on its rating factors. However, comparing quotes from multiple companies after receiving a speeding ticket could help you determine which one offers you the best rate or coverage.

What is the average price of insurance in New York without a speeding ticket?

The average price New York drivers pay for full coverage car insurance is $2,321 per year. The current U.S. average is only $1,674 annually. However, the exact price drivers pay is based on a variety of factors, some of which include driving history, car make and model, driver age and ZIP code.

Which company is the best insurance company in New York?

Each driver has different needs when it comes to car insurance. At Bankrate, we consider J.D. Power customer satisfaction scores and average premium costs, provided by Quadrant Information Services, in our analysis. We have found several top providers in New York based on this criteria, but each driver likely has their own needs.


Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 18-year-old and 40-year-old male and female drivers with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

These are sample rates and should only be used for comparative purposes.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied.

Gender: the following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, Pennsylvania.

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