The consequences of receiving multiple speeding tickets in one year can be quite severe in most states. First of all, in many states, your license will be suspended if you receive 3 or more tickets in one year. The length of your license suspension will depend on how many tickets you have and the severity of each ticket. Furthermore, getting multiple speeding tickets or traffic tickets will have serious implications for your auto insurance rates. According to recent research, getting just 3 tickets will increase your insurance rate by upwards of 50%. Since those tickets stay on your record for years to come, that means a substantial expense. For example, if your auto insurance is $100 monthly, and you receive 3 speeding tickets in one year, your monthly insurance rate will increase to $150 monthly. If those points stay on your record for 6 years, as they do in many states, you will pay an extra $600 yearly, for a total of $3600 across those 6 years.