Maintaining the speed limit is important for the safety of all drivers on the road and pedestrians who share the same space. For most drivers, the prospect of getting a speeding ticket is not fun. Yet the truth of the matter is, from time to time they can happen.  


In Ontario, the impact of a speeding ticket can include getting demerit points added to your driving record, getting a license suspension, paying a fine, and your car insurance rates increasing. 


At their worst, speeding tickets can lead to some sobering consequences. A speeding ticket fine can set you back thousands of dollars, while accumulating enough demerit points can result in the Ministry of Transportation suspending your license. 


However, it’s important to keep in mind that speeding tickets are completely avoidable. The best way to decrease your chance of getting a ticket is to drive at the maximum speed limit as indicated by signs in the area you’re driving.   


Yet, if you find yourself rolling down the window and a police officer handing you a ticket, it’s good to know how your car insurance rates will be affected. 


Increase Insurance Rates 


The main way that getting a speeding ticket will affect your insurance is by increasing your rates. Your car insurance provider will label you as higher-risk, and as a result they might require you to pay higher premiums for your coverage.  


When you’re shopping around for car insurance, speeding tickets can make it challenging to qualify for affordable rates. 


The amount that your insurance rates will increase by ultimately depends on the insurance provider you purchased your policy from. This is why shopping around for car insurance quotes is critical. Depending on your insurance provider, the level of impact a speeding ticket can have on your insurance rates can vary. 


Although, you should know the factors insurance companies will look at when deciding how the speeding ticket will affect your rates.  


Factors that Affect How Your Speeding Tickets Impact Insurance 


How Many Kilometers Over the Limit? 


How fast you were driving when you were given the speeding ticket, plays a role in how your insurance rates will be affected. The speeds as outlined by the Ontario Court of Justice, show that the faster the speed the higher the fine.  


Facts About Stunt Driving 


Anyone caught driving 50 kilometers per hour OR MORE above the speed limit is issued a stunt driving summons for excessive speed, racing or stunt driving. All three wordings have the same meaning and consequences. Every Officer is different, and they choose which wording they want to charge you with. In the end, it doesn’t matter which wording they pick, you should consider fighting this charge. Your motor vehicle and Drivers License will be seized for one week, nothing can stop this as it’s in the legislation. You don’t have to pay a reinstatement fee for your Drivers License, it will be issued to you free 7 days later by mail. If you don’t get your Drivers License back on the seventh day, simply go to Service Ontario and they will issue you a free of charge temporary Drivers License on the spot. Be aware it’s “7 days to the minute”, then you can go retrieve you motor vehicle at the pound (generally a $500 to a $1,000 fee). Bring the impound papers the Officer gave you to show the tow company. 


What you need to know about a stunt driving summons: 


  • It is an order for you to attend court on a specific date 
  • If you do not appear, a warrant for your arrest can be issued 
  • A minimum fine of $2,000 up to $10,000 
  • Up to 6 months in jail, with or without the above fine 
  • Your Drivers License can be suspended for a 1st conviction for up to 2 years. A 2nd conviction for up to 10 years 
  • 6 demerit points 


When You Pay Your Speeding Ticket 


Until you pay your speeding ticket, your insurance provider will not know about the ticket. If you decide to fight it in court to see if they will decrease the fine or give you fewer demerit points, then this will delay the ticket being added to your record.  


The act of paying for the ticket is when it will be recorded in your driving record. It’s at this point in time that the ticket can affect your insurance rates because your insurance provider can request a copy of your motor vehicle report. 


How Long a Speeding Ticket is on Your Record 


In Ontario, your speeding ticket will be on your driving record for three years. Keep in mind that this begins when you pay the fine for your ticket. During that time, your car insurance rates will likely be more expensive. After the three years are over, your insurance provider may reduce your rates. Licenses suspensions will be on your record for five years from the day it was reinstated.


Amount of Speeding Tickets 


If you have collected many speeding tickets over the years, this is a red flag for your insurance provider. Too many tickets and you might not meet an insurance company’s acceptability. You may have to go to a specialty insurer like Echelon or Jevco or even Facility. They will consider you a high-risk driver who isn’t safely abiding by speed limits. As a result, they will increase your car insurance premiums to account for the level of risk that they may need to pay out the policy. The more speeding tickets you get, the longer they will be on your record and cause you to pay higher rates. 


Find the right insurance broker  


One way to avoid your car insurance rates increasing is to maintain a safe speed when driving. However, if you are faced with a speeding ticket, know that depending on your insurance provider, your rates may be impacted to some degree 


When shopping for car insurance choose a reliable and professional insurance broker that will work in your best interests. 


Our team is highly knowledgeable and experienced to find insurance options that will fit your lifestyle seamlessly. Get in touch and we’ll help you explore the best car insurance solutions for your needs.