Unknown and Interesting Car Insurance Facts and Statistics

This guest post is contributed by Elvis Donnelly of The Hartford.


car accident insuranceGoing through some facts about car insurance and statistics is a good way to learn more about car insurance. Crunch through these statistics and you might find that knowing a few fun facts can help you save on auto insurance. And that’s even more fun.

Speed Limit

There’s a reason why drivers in the age group of 16 to 19 have to pay higher auto insurance rates. They are 3 times more likely to get a speeding ticket. If you’re looking for better insurance, you’ll have to wait until you reach the age of 25, when auto insurance rates will significantly decline.

Pull over!

Although all 50 states require drivers to have car insurance, only 16 percent of drivers are actually insured.

Yield! Insurance Rates Roller Coaster

The most expensive car insurance rates are in the states of Michigan, Louisiana, Kentucky, West Virginia, and Mississippi.

In contrast, those living in the states of Massachusetts, North Carolina, Hawaii, Alaska and Oregon enjoy the lowest car insurance rates.

Park at Your Own Risk

There’s a myth going around that if you own a red car you have to pay higher insurance rates. But the truth is that red car owners can enjoy just as much green as any other car owner. The color of your car doesn’t affect your auto insurance rates one bit.

However, owners of cars that are black, blue, or silver/gray, should beware! Studies show that thieves go for cars with these colors and they are therefore, the most likely to be stolen!

Travelers on Business Can Take a Diversion

Auto insurance is tax-deductible if you’re using your car for business. You can either take a flat per mile re-imbursement or you can calculate how much of your car is used for business and deduct that percentage from your car insurance.

Safety Rules Apply

Ever since seat belt reminders became intelligent, visual and audible, the number of drivers and their passengers wearing seat belts has gone up. According to the Insurance Institute for Highway Safety in Arlington, VA, 91 percent of drivers now fasten their seat belts.

Turn Right for Insurance Claims

If you’re wondering what type of car accidents lead to insurance claims, here’s a list of the most common violations that lead people to file for insurance claims:

•    Fender bender
•    Theft
•    Whiplash
•    Vandalism
•    Windshield damage
•    Back injuries
•    Animal collisions

How frequently does a driver make an insurance claim? Statistics show it takes 17.9 years on average for a driver to claim on a car accident.

Driving Up Your Car Insurance Rates

On average, Americans drive 13,476 miles a year, about 37 miles a day and spend around 34 hours a year in traffic jams. If getting to your workplace is a long commute you might want to consider moving closer to your workplace. This simple step could bring down your car insurance rates.

Drunk Driving Is Not Allowed

Every day, 30 people die of accidents caused by drunken amounting to 1 death every 48 minutes.

Seniors Can Enjoy Insurance Benefits

In contrast to teenagers, who are high-risk drivers, seniors have years of driving experience, are known to take less risks and therefore have earned lower auto insurance rates. Participants completing the AARP Driver Safety course can enjoy premium discounts on their auto insurance rates.


Elvis Donnelly is a father of two who works from home and lives with his wife. He is voracious reader and always looks out for happening topics related to personal finance. He specializes on subjects related to insurance and uses his spare time to write on topics related to auto insurance, personal injury insurance etc.

One thought on “Unknown and Interesting Car Insurance Facts and Statistics

  1. It makes sense why drivers in the high school age demographic have the highest auto insurance rates. Not only are they just learning to drive and obey the rules of the road, they also have been born into the social networking age and are constantly sending tweets, liking things on facebook , etc. This puts them at grave danger if they are doing these activities behind the wheel.

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