Car News Articles 
 Alternative Fuel Vehicles
 Automotive Articles
 Automotive Information (46)
  Careers (13)
  Car Donations (12)
  Car Makes And Models (225)
  Car Rentals (35)
  Child Safety (14)
  Gifts (22)
  Lemon Laws (47)
  Regulations (20)
  Technology (111)
 Car Buying Tips
 Car Insurance Articles
 Car Maintenance
 Car News
 Car Racing
 Car Repair
 Car Safety
 Driving Economically
 Environmental Issues
 Exterior Car Care
 Garage Know How
 How Car Stuff Works
 Motorcycle Articles
 Road Trips
 Traveling with Kids
 Younger - Older Drivers
 Amsoil Synthetic Oil
 Article Archives

Automotive Articles >> Automotive Information

How Smarter Cars and Drivers Can Lead to More Money in Your Pocket

(ARA) - The number of auto accidents is decreasing -- and that’s a trend both drivers and auto insurance companies are happy about. As a result, many consumers could see a decrease in their auto insurance premiums this year.
During the last year, auto claims at General Casualty and Unigard Insurance have dropped more than 10 percent, a trend occurring across the property and casualty insurance industry. In addition, almost 90 percent of General Casualty customers have been accident-free during the last three years.

Fewer accidents lead to savings

The Insurance Information Institute predicts auto insurance rates will rise only 1.5 percent in 2005, just one half the inflation rate and the smallest increase in five years. Auto owners with good driving records and safer cars could notice a decrease in their auto insurance premiums. How much savings will vary by state, insurance company and individual driver. In 2005, General Casualty auto insurance rates could decrease up to 8 percent. Unigard policyholders could save even more, thanks to decreased claims and a new policy pricing system available later this summer.

John Blodnick of Unigard and Charles Valinotti of General Casualty explain several factors contributing to this decrease, including safer and smarter vehicles and drivers.

“Driving safely protects not only you and your passengers, but others out on the road. A clean driving record can also affect your insurance rates,” Valinotti said.

Driving safer vehicles

Valinotti recommends consumers purchase safer automobiles to help prevent accidents and protect their pocketbooks. “Airbags and anti-lock brakes are two auto features that insurance companies consider when pricing auto coverage. They’re virtually standard on all new vehicles,” said Valinotti.

He notes that upcoming safety innovations could lead to even fewer accidents while saving consumers money on their auto insurance:

* Smart cars: Auto manufacturers are upgrading new vehicle models with safety devices such as radar, digital cameras and navigational systems to detect objects in drivers’ blind spots and avoid heavy traffic or collisions. While some models already contain sensors that warn drivers when they’re too close to objects, Toyota, Lexus, Honda and Nissan will begin incorporating other advanced technology soon.

* Smart highways: Future highway technology could help better manage traffic flow and improve safety. Controlled steering, electronic brakes and other devices would help maneuver smart cars on specially engineered highways, helping avoid collisions.

* Breakaway engines: Some vehicles include engines designed to drop down under the vehicle’s floor instead of being pushed into the front passenger area during a frontal collision, helping reduce leg injuries.

* Redesigned vehicles: Auto manufacturers are continually building safer cars. GM’s Uplander minivan model was rated “good” in recent frontal crash tests by the Insurance Institute for Highway Safety (IIHS). The rating is a vast improvement over its predecessor, GM’s Chevrolet Venture and Pontiac Transport/Montana, rated one of the worst performing vehicles in the history of IIHS’s frontal crash tests. Small pickup trucks including the Toyota Tacoma, Chevrolet Colorado and Dodge Dakota also scored better in the tests.

Driving wisely

“Safer, smarter cars only offer so much protection,” said Blodnick. “Safety starts with being an intelligent driver. Pay attention to others on the road and drive appropriately for the weather and traffic conditions.”

To encourage safe driving, Unigard policyholders can accumulate up to 16 percent in savings credits for being accident-free. This credit is reduced if they’re involved in any "at fault" auto accidents, but they may continue receiving a savings for having a safe driving history.

Later this summer, General Casualty will also begin rewarding good drivers with a new auto accident forgiveness program. If a policyholder who hasn’t been “at fault” in any auto accidents during the past five years is in a collision and has been insured with the company during that same time period, his or her insurance rates will not include any accident surcharges. This could prevent rates from increasing anywhere from 20 to 50 percent, depending on where the policyholder lives.

Other factors

In addition, Blodnick points to the increase in states with graduated driver licensing programs. As more states implement the program to gradually phase new drivers to full driving privileges, the number of teen driving accidents is decreasing. According to the IIHS, since states began enacting graduated licensing laws in the 1990s, the fatal crash rate for 16-year old drivers has dropped 26 percent (from 1993 to 2003).

Valinotti notes families may have more vehicles than drivers, meaning an insured vehicle spends more time sitting in the driveway or garage and is less likely to be involved in an accident. Rising gas prices could also lead to fewer cars on the road, especially larger, less fuel efficient vehicles.

For more information about safer vehicles and driving and how they can lead to insurance savings, contact your independent insurance agent.

Courtesy of ARA Content

Related Articles:
Remote Car Starters Keep Cars Comfortable
For Luxe Driving, Think Forged Wheels
Lead-Acid Batteries and Deep Cycle Batteries: What’s the Dif?
Taking The Headache Out Of Your Commute
Delightful Ideas For Inside Your Car
The 2008 ecoVoyager by Chrysler
Free eBook Offers Invaluable Tips
Tips for Safe Winter Snowmobiling and ATV Driving
You: Spending More Time With Your Car Than A Date?
A Golden Anniversary That Salutes The Future
GPS Navigation Types
Automotive Technology Improving Our Lives
School Buses Of The Future Are Here Today
Magna Steyr Revolutionizes Convertible Tops
Trucks Today Go A Long Way Toward Customization

make image
model image
zip code

Stay Updated!

Automotive Information
Related Articles
Distracted Driving Laws Quickly Changing
Tokyo Auto Show 2011
Technology In The Automotive Industry
Have You Heard Of Gasbuddy.Com?
Auto Repair Fraud Can Threaten
Remote Car Starters Keep Cars
For Luxe Driving, Think Forged
Lead-Acid Batteries and Deep Cycle
Taking The Headache Out Of
Delightful Ideas For Inside Your
The 2008 ecoVoyager by Chrysler
Free eBook Offers Invaluable Tips
Tips for Safe Winter Snowmobiling
You: Spending More Time With
A Golden Anniversary That Salutes
GPS Navigation Types
Automotive Technology Improving Our Lives
School Buses Of The Future
Magna Steyr Revolutionizes Convertible Tops
Trucks Today Go A Long

Feed Button

Car Insurance Info | Newsletter | Car Classifieds | Online Car Rentals
Auto Pictures | Link To

Complete List of Article RSS News Feeds

Copyright © 1999 - . CarJunky® All Rights Reserved.