The answer is likely yes, speeding tickets may increase the amount you pay for car insurance. Speeding tickets are considered part of your driving record. Insurance companies can check your driving record, and they may use the information to help determine your risk of having an accident or making an insurance claim.

Will a speeding ticket cause insurance to go up?

The short answer is yes, speeding tickets do affect car insurance premiums. That's because as well as a ticket, you will also accrue demerit points on your licence.

Should I tell my insurance company about a speeding ticket?

You should inform your insurance company of any penalty points you have received. The details you provide to them form the basis for your insurance quote and subsequent insurance cover. If any of the details change or are incorrect and you do not inform your insurer, it may affect your cover.