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The True Cost of a Speeding Ticket
The total cost of a speeding ticket is much more than the fine that
you pay to the state. In Massachusetts your insurance rates will go
up and you will be paying additional insurance for several years after
the ticket. Massachusetts uses a point system, where different types
of tickets "earn" different numbers of points and your insurance
premium will increase 7% per point.
Getting Started
- Develop a formula or program or table or something that would
allow any driver to compute easily the real cost of a ticket.
- How much does a second speeding ticket cost? More or less
than the first?
Going Deeper
Find out more about how automobile insurance works in
Massachusetts. How much should you expect to pay for insurance when you
first get your license? How much is the fine for a typical speeding ticket?
How does the Massachusetts point system (it is called the Safe Driver
Insurance Plan, SDIP) work?
Communicated by A. Heinricher.
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