Tuesday, June 18, 2013

The Cost Of Speeding In America

AutoSaver.com by Kimberly Ann

The speed limit really isn’t the speed limit anymore, or at least that's how it appears when we're out on the road.  If the speed limit sign reads 65, it seems like everybody’s moving at at least 75 miles per hour.  What’s the catch phrase?  “Eight you’re great…Nine you’re mine”.  Bottom line is the majority of us speed.  I’m not stating we are all Excessive Speeders, but in today's society, everybody  is always in a hurry to get somewhere.  Let’s take a look at what it ultimately costs us when we choose to speed.

It's obvious, if you are caught speeding, you can pretty much count on being issued a ticket.  The ticket brings with it fines and penalties, such as points on your license.  Depending on how fast you were speeding, will determine the number of points you will get on your license, as well as the cost of the ticket.  If you receive numerous points on your license, in a short period of time, it could result in the suspension of your license.  A good point of reference is the DMW website: http://www.dmv.org/traffic-tickets.php .  In Florida, for instance, a speeding ticket can result in 3 to 6 points on your license, however the code for each state varies.  I recently read an article where a 21 year old was issued a ticket for driving at a speed of 131 MPH in a 65 MPH zone.  This resulted in over $3,500 fines and court costs...not to mention the points on his license.  

Now, once you take the hit and get the points on your license and pay your ticket, the next cost of speeding could be a rise in your automobile insurance.  Depending on your age and driving history, a speeding ticket can most certainly cause your insurance to rise.  For example, if you are a new driver who is ticketed for speeding in excess, your cost of insurance could rise as much as 25% for the next couple of years.  On the flip side, if you are a 40 year old, with a clean record, your insurance may not be affected at all.  The cost of your automobile insurance is determined by what the insurance company considers your risk level to be.

The most tragic cost of speeding could be an automobile accident.  Perhaps not just an accident, but a fatal crash...whether it's your life or the life of an innocent.  According to ThePoliceChiefMagazine.org, the number of traffic-related deaths is increasing.  It's expected that the number of traffic-related deaths will reach and exceed the high numbers of years past. It is stated that speed is a contributing factor in 31% of all fatal crashes.  This is nearly 14,000 lives per year in the United States alone...an astounding number. 

While behind the wheel, we have control over how we chose to drive.  Speeding is most definitely a choice we make as a driver.  It's bad enough we have to be on the same roads as angry, thoughtless drivers, so why not do our best and control what we can.  Take the cost of a speeding ticket out of the equation, is it worth risking your life and the lives of innocent people sharing the road with you?  We can help simply playing by the rules.


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