With a speeding ticket on your record, insurance companies will designate you a high-risk driver. As a result, they’ll charge you higher rates than someone with a clean driving record. However, you can keep costs as low as possible in a few ways.
Get Minimum Coverage
Minimum coverage is always the cheapest car insurance option, and in Ohio, that means getting liability coverage only with the following limits.
- $25,000 in bodily injury liability per person, $50,000 per accident
- $25,000 in property damage liability coverage per accident1
But remember that liability coverage covers only parties outside of your car. In other words, if you cause an accident, you’ll have to pay for your own property damages and the injuries of you and your passengers out of pocket. Skimping on coverage now could mean higher costs later on, which is why we recommend getting full-coverage car insurance, even though it costs more than minimum coverage.
Raise Your Deductible
If you have collision and comprehensive coverage, raising your deductible will make your rates lower. However, don’t make the deductible too high. If you can’t actually afford to pay it, the coverage becomes obsolete, as your insurance company requires you to pay the deductible before your coverage will kick in.