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at some point you may question what factors affect your insurance rate and more specifically if parking tickets affect your premium the simple answer is no parking tickets will not affect your insurance rate parking tickets are not moving violations and so they wont be added to your driving record or your insurance history no matter how many parking tickets you receive they will not increase your insurance rates most parking tickets in ontario allow 15 days to pay your ticket you should then receive a reminder in the mail before its provided to the ministry of transportation if you fail to pay your parking tickets you will be unable to renew your license plate which will result in a suspended license speeding tickets and most other moving violations will potentially impact your insurance in some way if youre curious to learn more click the link in the description box below or connect with your insurance broker you