Everyone values safety, so it’s no surprise that near enough every car insurance company value safety the most. Insurance providers benefit from safe drivers and safe cars due to the money they save on claims pay-outs. In return, drivers end up paying lower insurance rates thanks to the lowered risk of accidents and injury. In short, safety becomes a win-win on both sides.
For today’s drivers, there are an increasing number of ways to stay safe on the road. Modern safety features on the cars of today offer occupants an amazing degree of protection during an accident as well as ways to avoid them altogether. Lower insurance rates due to lowered risks are an additional benefit that drivers are bound to appreciate.
Safety Saves Money
The safer the vehicle, the less likely you’ll become seriously injured in the event of a crash. It also makes it less likely that you’ll rack up costs for car repairs or replacement, along with any medical costs or legal fees. Technologies that help make vehicles safer are welcomed with open arms by insurers as they lower costs across the board for drivers and insurers alike.
Traction control and electronic stability control (ESC) systems are two technologies that have become commonplace in vehicles over the years. These technologies intervene on behalf of the driver in situations where loss of traction could result in a serious collision. By moderating brake force and power output, ESC and traction control prevents spinouts, rollovers and other dangerous accident scenarios that result in injury and damage.
Anti-lock brakes, multiple airbags, rear backup cameras and tire pressure monitor systems are among the long list of safety technologies that are standard in new vehicles and available in many older vehicles as well. Newer technologies such as Lane Departure Warning systems and camera-based Frontal Collision Avoidance systems help keep drivers safe while lowering insurance costs.
Data tracking devices are another way of ensuring safety while lowering insurance costs. These devices track driver behavior, including acceleration, deceleration, mileage and average speed. The upside to this tracking is a significant discount on insurance rates based on practicing safe driving habits. These devices encourage safer, non-aggressive driving, thereby reducing the likelihood of accidents due to common factors such as excess speed and driver inattention.
Adding Safe Drivers to the Equation
All of the above safety systems mentioned is meaningless without the one important piece of the safety puzzle: the safe driver. By being a safe driver at all times, you can lower your insurance costs tremendously and actively prevent accidents from occurring. Safe, defensive drivers are seen as lower risks by insurers, thereby guaranteeing them lower monthly premiums on top of additional discounts.
Practicing safe driving whenever you get behind the wheel of any vehicle can keep you out of a jam when it comes to avoidable accidents, while modern safety equipment keeps you safe in accidents you can’t avoid. In all, safer cars and safer drivers are a winning combination on today’s danger-fraught roads.