The amount that you will pay for receiving a speeding ticket varies widely depending on the law of the state in which you received the ticket. Most state laws classify different traffic citations by severity, and assign certain ticket amounts to those citations accordingly. Therefore, your speeding ticket amount can differ by significant amounts as compared to a speeding ticket received in a different state. Aside from the actual amount of the speeding ticket that you are required to pay, speeding tickets tend to result in additional financial burdens. For instance, you are likely to encounter increased auto insurance premiums as a result of receiving speeding ticket. Not only can higher insurance premiums make paying your bills more difficult, but if you are insured by your employer for job-related purposes, you may be putting your job at risk as it becomes more expensive and difficult to cover you with auto insurance.