I got a speeding ticket. Any estimate of how much insurance premium may go up by?
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Got my first speeding ticket in Collingwood, Ontario. Drove 80km on a 60km limit road. Just wondering how much insurance premium rate can go up by... or is there any chance it won't? Would love to fight it, but I live in Toronto and the drive up there is a waste of 4 hrs/miliage/gas vs paying a $95 fine, losing 3 demerit points and having it on record for 3 years.
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Answer:
Don't fight it, you were obviously speeding. Anyway, it depends on what's currently on your record, your age, and who you're insured with. It can go up anywhere from 10$-40$ per month. Once you are ate your renewal, you will know.
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