Does geico raise rates for a speeding ticket?

[elkanah1]

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?

[winfrid12]

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