The Cost of Driving: will it cost more?
4 Trends today impacting driving cost
Take a look at these four trends that may be contributing to higher cost
Cars nowadays have advanced features: Today’s drivers have a healthy appetite for new cars with newest technology. This makes them expensive to repair or replace especially after a total loss accident.
More distractions: Navigation systems, cell phones, passengers and more are all distractions that can lead to accidents.
More crowded roadways and more incidents: Distracted drivers is all the more dangerous given we are spending more time on the road. We’re driving more miles and seeing more accidents.
More expensive claims: Claim frequency is on the decline. But, cost isn’t. That’s is likely due to the rising severity of accidents and increased cost of medical care.
Cars, repairs and accidents are getting more expensive. The more miles driven and more demands on our attention can mean more accidents. Thank you to Safeco for these facts and talk to one of us at Quantum Insurance Group if interested in shopping your current plan.
