Tuesday, March 10, 2015

10 Illinois Cities Where a Speeding Ticket Will Damage Your Wallet

Receiving a speeding ticket is a drag. Aside from having to pay the fine and costs associated with legal fees, a ticket will wreak havoc on your annual car insurance premium long after you saw the blue- and red-flashing lights in your rear-view mirror.



Drivers who get caught speeding in Illinois typically will be issued a ticket for $120, but depending on where you live, the "true cost" of that expensive yellow ticket with illegible writing varies, according to the consumer finance website NerdWallet.



More from NerdWallet:



After receiving a speeding ticket, the average Illinois driver will face a $124.80 increase in his annual car insurance rate. Insurance hikes last for five years in Illinois, so drivers can expect to pay $624 more for insurance if they've been caught speeding. The true cost of a speeding ticket in Illinois is 6.2 times the cost of the actual ticket--drivers pay an average of $744 in total for a $120 speeding ticket.





For those who live in Cook County, you can expect to see a larger insurance hike than in most other cities. Take a look at the top 25 towns where it is most expensive to receive a speeding ticket. A plain-text version follows the graphic with annual car insurance premium figures before a ticket and after one.



Here are 10 Illinois cities where getting a speeding ticket will cost you the most:



25. Glenview



True cost: $779.25

Annual car insurance premium


  • Before ticket:1,055.34



  • After ticket:1,187.19




Five year insurance increase: $659.25





24. Alton



True cost: $783.40

Annual car insurance premium


  • Before ticket:1,005.38



  • After ticket:1,138.06




Five year insurance increase: $663.40





23. Belleville



True cost: $790.25

Annual car insurance premium


  • Before ticket:1,027.33



  • After ticket:1,161.38




Five year insurance increase: $670.25





22. Tinley Park



True cost: $800.00

Annual car insurance premium


  • Before ticket:1,050.97



  • After ticket:1,186.97




Five year insurance increase: $680.00





21. Belvidere



True cost: $807.20

Annual car insurance premium


  • Before ticket:978.50



  • After ticket:1,115.94




Five year insurance increase: $687.20





20. East Saint Louis



True cost: $814.35

Annual car insurance premium


  • Before ticket:1,247.14



  • After ticket:1,386.01




Five year insurance increase: $694.35





19. Orland Park



True cost: $816.75

Annual car insurance premium


  • Before ticket:1,075.09



  • After ticket:1,214.44




Five year insurance increase: $696.75





18. Hoffman Estates



True cost: $826.10

Annual car insurance premium


  • Before ticket:1,031.69



  • After ticket:1,172.91




Five year insurance increase: $706.10





17. Granite City



True cost: $836.55

Annual car insurance premium


  • Before ticket:1,070.25



  • After ticket:1,213.56




Five year insurance increase: $716.55





16. Oak Forest



True cost: $844.40

Annual car insurance premium


  • Before ticket:1,146.56



  • After ticket:1,291.44




Five year insurance increase: $724.40





Check out the 15 Illinois cities where speeding tickets are the most expensive, plus the cities in which a speeding ticket is the least expensive.



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