To add to your comments, here is what insurance companies use:

http://www.magma.ca/~fyst/appndxg.htm

 

Have a look at this site:

http://www.magma.ca/~fyst/index.htm

It appears not to have been updated for awhile, but there's some useful info.

 

I don't think that the chance of increase is that high as he states he hasn't had any accidents/violations for the last 5 years.

 

Do fight the ticket. I went to X-Coppers and I had won the case.

g'luck

 

i have 6 points as well, two tickets. 1 - 10 over and 1 - 70 over (dont ask).
I'm using Perth. State farm was the one that quoted me the ridiculous $7373.
I have one partially at fault accident in a parking lot.
I drive a 350Z, not a G. Yes it is under my parents name. I'm 19 (let's drop the age stereotypes please, it's really sickening).

 

Ignorance is no excuse, you are responsible for knowing the laws of the road. Pay the fine and stop wasting the court's time

 

Ok, it's easy to see why you're paying the huge amount for facility. 70 over, I'm interested in knowing about that one... I know, don't ask...

It's the accident that really put you into the facility, mind you, the 70 over is enough to get you 4 insurance points which is all an insurance company requires to boot your *** into facility.

And it's true, being 19 does nothing to help insurance. I know I couldn't wait to turn 25 when I was your age, just to get the break from the insurance.

Hopefully, you get through the next few years without any further incidents. There's nothing like paying what you feel is a "reasonable" amount for insurance, rather than jacked rates.

With one ticket, I'm sure the OP is going to get through without any insurance increase - he just has to be cautious for the next couple years.

 

Whatever you do don't call your Insurance broker or company. Chances they won't know about the ticket. For everybody out there. Insurance companies have to pay a third party to learn about your tickets etc. They typically don't pull new reports on exisisting clients for at least two years. That's two years of no increase in insurance rates because you didn't tell them!!!!!

 

^+111111111111111111

My previous insurance company never found out about my two speeding tickets for 2 years, until I got into an accident... Then they checked my record.

 

David, I noticed you parting out your mods, I hope you aren't selling that nice Z, but then for over $7000 /year for insurance I could see why.

 

I like this logic

Your mistake was to "not fight the ticket", "don't let insurance scam you"? To be fair, I was once where you are and I didn't learn until my wallet got stripped bare. That aside though, I am not sure you learned anything. The government is not why you are paying those premiums.

 

^I recall reading that the insurance premiums are regulated by some government guidelines. I could be wrong.

But I did learn that I should have never let any moving violations gone past me, even if it's 1kmh over. It's just another excuse for insurance to jack up rates.


Wayne, sadly... yes I am... Sold on verbal agreement on Sunday. Transferring the ownership this week...

Time to drive something 4dr, cheap on insurance, and possibly AWD, no FF understeer for me

 

hey guys.

so does it mean that as long as i dont see an increase in my insurance next year.. i should jsut keep quiet as if nothing ever happened?.. is it okay to contact my broker though?? would he/she betray me and inform my insurance company?

 

Heck thats too bad she had to go David, but I can understand and I'm sure you will be back with something just as nice soon enough.
Keep in touch and I'm sure we will see you some time next summer on one of the runs or meets.

 

This is what I do for a living and to answer your question about phoning your broker, don't bother. Chances are they won't say anything but why take the chance. If you have things on your record already, we will probably check you out each year. If you have a relatively clean record, than we might only check you out every 3 years or so.
Answering to Smartidiot in regards to age "stereotype", it is not a stereotype, it is cold, hard statistics. That is what we have to sets rates on, the probability that it may happpen. In regards to his record, the 70 over is a major and that is enough in itself for getting you put with facility (high risk), that coupled with your other ticket and the at fault accident you were lucky to find it for 5k!