Yes, it could be possible for this traffic ticket to increase the driver's insurance rates. The law enforcement officer that stops a motorist, and writes up the citation for moving violations such as speeding, is not directly reporting the offense to your insurance company. When a police officer requests insurance information it is to make sure the vehicle/driver that he or she stopped is properly insured.

Insurance companies typically finds out about their policyholders moving violation once you plead guilty and pay the fine. After this is done in most states the offense is then placed on your driving record by the courts transmitting the information to the DMV. Your insurance company then finds out when they next pull your driving record information or MVR from the DMV.

Depending upon the rating system of your insurance provider a speeding ticket may or may not increase your premiums. If you otherwise have a clean record it may only take away a safe driver discount, again it depend on your specific insurance carrier's rating system. To find out how your insurance company's system works ask your insurance agent or try contacting your state's insurance regulator with whom rates must be filed with.