As you become comfortable behind the wheel, it can be easy to fall into careless driving habits. Driving above the speed limit is one of these habits, and not only is this dangerous for you and others around you, but it is also illegal. Unsafe driving can cause serious harm and therefore carries a financial penalty, even if an accident does not occur. MAIF Insurance Provider, an auto insurance expert in Maryland, explains how slowing down on the road can save you money in the long run.
Avoid tickets and fines
Driving over the speed limit can have different penalties depending on the circumstance, but it is illegal. You may be caught by a patrolling police officer with radar or a speed camera. Depending on how high above the speed limit you were driving and additional conditional circumstances, you can expect both a fine and a point on your license. If a collision occurred due to speeding, the fines and points would increase. You could potentially face reckless driving charges, which will involve a fine of up to $1,000. You could face a great financial burden when you do not pay attention to your speed on the road.
Lower insurance rates
If you get a ticket for speeding, the penalties do not end with the payment of fines. The violation will be listed on your driving record, which insurance companies can access when determining your premium and insurance rates. If you are determined to be a high-risk driver due to traffic violations, you could face higher insurance costs. Your provider may also decide not to renew your policy. It is illegal to drive without insurance in Maryland, but if you are unable to purchase insurance through a private provider, you may qualify for coverage through MAIF.
Driving too fast on the road can be expensive, but it could cost much more than money. Speeding puts you, your passengers, pedestrians, and other drivers at risk because you may not be able to stop your vehicle in time to avoid a collision. Your destination will still be there if you operate your car at a safe speed. Prioritizing safety while driving is priceless.
Get a car insurance quote with MAIF
MAIF Insurance Provider offers auto insurance for customers in Maryland. If you cannot purchase car insurance through a private provider, MAIF can be your solution to get covered. To schedule a consultation with an expert, contact our office online or reach us by phone at 301.476.4887.