Category Archives: insurance

Milestones: First Speeding Ticket in U.S. issued in 1899

Today more than 100,000 people a day receive a speeding ticket in the U.S. – it’s a big revenue raising business for local governments and the makers of speed traps with automatic cameras. The average citation costs $150 and often results in sizable increases – for years – in insurance rates based on dubious claims from insurance companies since traffic fatalities are at an all-time record low. Continue reading

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SUVs Now Among the Safest as Electronics Stop Rollovers

The safety improvements are so large that SUVs drivers are now statistically less likely to die in a crash than drivers of equivalent size cars. This conclusion on driver death rates was published today by the Insurance Institute for Highway Safety, which for decades pointed out that SUVs were among the most dangerous vehicles on the road. Continue reading

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2011 Collision Cost Booklets from NHTSA Now Available

The result, according to NHTSA, is that “it is unlikely that your total premium will vary more than 10% depending upon the collision loss experience of a particular vehicle,” which begs the question if this mandated government exercise is worth the walk? Continue reading

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