Car insurance is one of those things that every driver is required to have, but also one that not everyone actually has. In fact, in the United States, 16% of drivers are uninsured at any given time. In the infographic below, you will find some not so well known statistics and interesting facts about car insurance that you might not have previously known.
SOME OF THE HIGHLIGHTS
In general auto premiums go down substantially after a driver turns 25. Why you ask? Statistics have shown that drivers under 25 are more prone to accidents and violations. In fact, 16-19 year old drivers are 3 times more likely to have speeding violations and 28% of all auto-related fatalities involve drivers under the age of 25.
On average, a driver will have an accident claim once every 17.9 years. The average loss per claim varies on the type of vehicle. SUVs come in at $3,800, cars at $4,200 and trucks at $4,400. The 7 most common auto insurance claims are: fender benders, theft, whiplash, vandalism, windshield damage, back injuries and animal colision.
The 5 most expensive states for automobile insurance are: Michigan, Louisiana, Kentucky, West Virginia and Mississippi. The 5 least expensive: Massachusetts, North Carolina, Hawaii, Alaska and Oregon.