Tag Archives: insurance rates

Milestones: First Speeding Ticket in U.S. issued in 1899

Today more than 100,000 people a day receive a speeding ticket in the U.S. – it’s a big revenue raising business for local governments and the makers of speed traps with automatic cameras. The average citation costs $150 and often results in sizable increases – for years – in insurance rates based on dubious claims from insurance companies since traffic fatalities are at an all-time record low. Continue reading

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