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Does geico raise rates for a speeding ticket?

Been involved in a traffic accident? Discuss traffic laws here

Does geico raise rates for a speeding ticket?

Postby elkanah1 » Sun May 06, 2012 6:07 pm

I have recieved two speeding tickets over the past week for going 15 mph over the posted speed limit, each ticket being $131. I am 18 years old and really do not want to tell my parents, but if Geico will increase rates because of the speeding tickets I will tell them.

So, does anyone know if Geico increases rates for speeding tickets?
elkanah1
 
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Does geico raise rates for a speeding ticket?

Postby winfrid12 » Sun May 06, 2012 6:08 pm

Yes. The first policy renewal after the ticket hits the mainframes, will show an increase.
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