It is expensive to speed. The average cost of full coverage car insurance in the U.S. with a speeding ticket is $2,029 per year, compared to $1674 with a clean driving record.
It is difficult to decipher the average cost of a speeding ticket because many states like Michigan, Pennsylvania and Wyoming all assess penalties based on the number of miles that exceed the speed limit.
The consequences of speeding can also vary. Ultimately, the penalties you face will depend upon the officer who pulled you over and your local court system.
This is how speeding affects your wallet as a driver in the U.S. in 2021.