After housing and food, transportation takes a huge bite out of the monthly budget.<br />And according to Business Insider, it pays to be a good driver.<br />That's because most traffic violations or accidents lead to an insurance rate hike that can last for three years.<br />For example, texting and driving could lead to a premium increase of around $288 a year.<br />If you're found to be at-fault in an accident, your premium could jump by 42%. That's about $617 a year, on average. <br />
