The Auto Insurance that you need
Posted By Administrator
Date: August 9th, 2008
Category: Fundamentals, Guide, Information, Policy, Primary Components
Image Source: www.teenagerstoday.com
According to statistics, the following occurs on the average: every 5 seconds, motor vehicles crashes , every 11 seconds, a person is injured, every 12 minutes, there is a fatal injury. As you head out the door to school, work or to the store these thoughts are scary. This is enough to convince us why auto insurance coverage is so necessary.
National campaigns aimed at increasing safety belt use and reducing impaired driving is partly responsible for reduction of accidents. Now mandated in all 50 states, the seat belt greatly helped reduce the number of persons killed in auto accidents in 2004. Alcohol-related fatalities for the second consecutive year in a row was likewise reduced due to the countrywide campaign for drinking under the influence of liquor.
There is a proposal that may drastically change the cost of insurance and registration fees from fixed to variable costs. In this proposal by Damien Kettlewell, the basis for insurance is how frequently a motorist would use his vehicle. The less mileage, the lesser the insurance coverage and in turn could translate to savings on fuel. Mode of payment of existing vehicle and insurance fees would just be different.