Recently in Automobile Insurance Companies Category

October 25, 2012

No Correlation between Car Accidents and Size of Cities

Frequency of Car Accidents is completely unrelated to the size of the city in which you live in. A recent report released by the automobile insurance Allstate, which was conducted in various major cities has come to show that the size of the city does not directly influence the likelihood of an automobile crash. The report is titled "Allstate America's Best Drivers Report". The report states that the District of Columbia and Baltimore, Maryland have the shortest time between accidents, while Sioux Falls, South Dakota, Boise, Idaho and Fort Collins, Colorado have the longest periods between accidents. Therefore; Allstate considers Sioux Falls drivers the "safest drivers" in the United States.

Living in a larger city does not necessarily mean you are at a higher risk of being involved in an automobile accident. Car accidents are a major health hazard, regardless of where you live, because they are the leading cause of death for persons between 5-24 years of age. In 2009, 2.3 million adult drivers and passengers ended up in emergency rooms as a result of automobile crashes, according to the Centers for Disease Control and Prevention (CDC). In 2011, the U.S. saw the fewest number of automobile fatalities since 1949, but that still meant that 32,000 people were killed.

Accidents can happen anywhere and at any time. It is up to the driver to stay alert, follow driving laws, not drink and drive, wear their safety belts and not text or talk on a handheld device while driving.

June 26, 2012

How to Tell if a Traffic Ticket Will Raise Your Insurance Rates

Here are three things that must happen in order for an automobile insurance company to raise your rates, once you have been issued a traffic ticket/citation:

1) The ticket must show up on your motor vehicle record (MVR);
2) Your state must allow insurance companies to penalize you for the violation, and
3) Your Insurance company must consider the violation a risk factor

Automobile insurance companies won't consider traffic violations/tickets that do not appear on your MVR. MVR's usually only reflect moving violations that endanger lives or property. Such violations include: running red lights, changing lanes without caution, speeding, DUI/DWI, reckless driving, etc..

If the violation appears on your MVR and your automobile insurance company finds out about it, your rates usually increase about 5% for the first ticket, but if you have various violations on your MVR, then your rates could go up about 20% or more. Multiple violations reveal a pattern of bad decisions and behavior as a driver and make you a higher risk to your automobile insurance company.

December 27, 2010

If Google Cars Drive Themselves, Who Would You Sue?

Google-Car-auto-toyota-prius.jpgGoogle has developed a new car called the "Google Car". It is a Toyota Prius that is equipped with software that allows it to drive itself. The Google cars use video cameras, installed on the roof, radar sensors and laser range finders to travel through traffic on its own. These cars also navigate the road by using detailed maps. According to Sebastian Thrun, a Google software engineer, "Our automated cars use... Google's data centers, which can process the enormous amounts of information gathered by our cars when mapping their terrain."

The Google car was made with the intention to help prevent traffic accidents, free people's time, reduce distracted driving and drunk driving, and reduce carbon emissions. So far, the Google Car, has traveled about 140,000 miles and has only been involved in one traffic accident, a rear-end.

Google has yet to determine when these Google Cars will be available to the general public, but when they are, a question arises, if there is an accident, who would you sue?. The current statutes and case law in the United States were written for cars with human drivers, in order to determine the liability in an automobile accident. Therefore; once these Google Cars are put out on the market, laws would need to change.
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There are three factors that could determine liability in case of an automobile accident:

1) Google - the author of the software used by the Google Car;
2) Toyota - the current and only car Manufacturer of the Google Car; and
3) The Owner of the vehicle.

Liability would be determined on the type of accident and could have one or more of these parties at fault. The legal process would examine who is at fault. For example, was it a software issue or a mechanical failure? A software issue would be if the program made the wrong decision and caused a crash, and a mechanical failure would be if a part used to build the Google car was defective or malfunctioned.

All in all, the Goggle Car was created to make driving and roadways safer. In 2008, the NHTSA reported that there were 37,261 automobile fatalities. Lets hope that if and when the Google Car is put on the market it will lower the yearly number of deaths in the United States.

October 19, 2010

Involved in a Hit and Run Accident: Here is What You Need to Do

A hit and run accident is when you are involved in an automobile accident and one of the parties involved leaves the scene. This can leave you shaken and upset.
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Hit and run accidents have been on the rise for the last 10 years. The National Highway Traffic Safety Administration (NHTSA), reports that over 10% of all automobile accidents are hit and run accidents. There are numerous reasons why a person would leave the scene of an accident, but the two most common reasons are: being uninsured and being under the influence of alcohol of drugs.

Here are a few tips in case you are a victim of a hit and run accident:
- Assess your physical well-being as well as any other person involved;
- Call the police and report the accident;
- Write down any information you remember about the vehicle that left the scene;
- Identify any witnesses and obtain contact information from them, so you can contact them at a later time; and
- Call the Ambulance, if necessarily

If you are injured as a result of the hit and run accident it is important to seek emergency medical care. You will also need to contact you insurance company and report the accident. You will need to handle your property damage directly with your insurance company. You will also need to make sure that you have under-insured or un-insured coverage under your own person automotive insurance policy. You may find all this a bit much to handle, and if you do you will need to hire an experienced personal injury attorney to assist you in dealing with the insurance company on your behalf.

October 6, 2010

Are Women Drivers Favored by Car Insurance Companies in the U.S.?

In 1959, the Insurance Institute for Highway Safety (IIHS) was founded with the sole purpose of researching date to find out causes and preventive methods for motor vehicle accidents. IIHS is funded by auto insurers to help them gauge risk using three common factors of operating an automobile. The three factors are: human influence, vehicle influence and environmental influence.
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IIHS published gender reports in 2008 that found that more men die each year in automobile accidents than women. The report stated that men typically engage in much riskier driving practices than women. Some of these practices include:
- less seat belt usage
- driving under the influence of alcohol and/or drugs, controlled and prescription drugs were included
- driving at higher rates of speed and above the posted speed limits

Also, in the 2008 gender report, were statistics that showed that when male drivers are involved in car accidents, the results are more often death. The report showed the following statistics:
- 71 % of all motor vehicle deaths were males
- 70 % of pedestrian deaths were cause by male drivers
- 87% of bicyclist deaths involved men drivers and
- 91 % of motorcycle deaths were male drivers

Gender, cell phone use, and zip codes are some of the factors used to determine automobile insurance premiums. Automobile insurance companies are for-profit industries; this means that all automobile insurance companies are in business to make a profit. The formula for profit includes an analysis of risk management.

Insurance rates are also determined by your driving record, the type of vehicle involved, how the vehicle will be used and your credit score. Since women seem to have better driving records, drive smaller and non-racing vehicles, use vehicles for work more than for pleasure and have better credit scores, it seems that women get lower premium rates.