7 Little Known Facts about Auto Insurance

It seems like these days, there are studies and statistics for everything. For example, did you know that there are over 13,000 knives, forks, and spoons? It may seem like this fact is irrelevant to your daily life, and that’s because it is. However, auto insurance is far from irrelevant. So today, we have compiled a list of seven little known facts about auto insurance.

1.17.9 is the number of years between the average driver’s accident claims.

Whether you are above or below average, it is important to make sure your auto insurance is always ready and up-to-date in case of an accident.

2.16-19 year old drivers are three times as likely to incur a speeding infraction.

This fact may not come as a shock to you, but it certainly serves to highlight the importance of insuring yourself against the dangers of reckless driving (the #2 cause of vehicular accidents).

3.Insurance premium usually go down significantly once a customer turns 25.

This goes hand-in-hand with the last statistic. As a customer ages, they statistically become less of a risk to insure, and thus, are less expensive to insure.

4.The 5 most expensive states for auto insurance are Michigan, Louisiana, Kentucky, West Virginia, and Mississippi.

Regardless of which state you reside in, all drivers in the U.S. are required to carry auto insurance.

5.The 5 least expensive states for auto insurance are Massachusetts, North Carolina, Hawaii, Alaska, and Oregon

In case you were looking for another reason to move to Hawaii, the Aloha State is one of the cheapest states for those looking to purchase car insurance.

6.16% of drivers are uninsured at any given time.

Despite the legal requirements, approximately 1 out of every 6 drivers on the road are uninsured. Don’t endanger the well-being of yourself and others by being one of them.

7.The 7 most common auto insurance claims are fender benders, theft, whiplash, vandalism, windshield damage, back injuries, and animal collisions.

Insurance providers are accustomed to dealing with these types of incidents. Your carrier is most likely extremely familiar with the process of dealing with these kinds of claims and would be happy to help. Just be sure to record all the details and let them do the rest!

Some of these statistics might have surprised you. Don’t let an auto insurance crisis catch you off guard too. Contact one of our representatives today!

Contact Howard Webb Insurance today at 765-644-8847