Your Insurance Continues To Rise Because Of All Of Those Mandated Safety Technologies

American car insurance rates are going up up up. In the last decade, they climbed 29.6 percent to an average of $1,548 in 2019 from $1,194 in 2011. The surge, detailed in a new report from insurance shopping site The Zebra, outpaced both inflation (by far) and the increase in average car prices (more narrowly). And it came even as the rate of crashes has fallen year over year.
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PUGPROUD - 1/27/2020 12:38:44 PM

+1 Boost

Prelude to significant kick up in insurance for self driven cars. I can hear the logic now "The cost of safety and reduction in crashes is more than offset by the increased cost of cars, the higher cost of repairs and additional liability exposure."

Truthy - 1/27/2020 2:56:37 PM

+3 Boost

So, replacing airbags is expensive, however I would rather be able to walk away from the accident than be impaled on the steering column.
A big culprit is distracted drivers.

MDarringer - 1/27/2020 7:36:22 PM

0 Boost

Then never bitch about your insurance premiums.

dlin - 1/27/2020 6:31:51 PM

+2 Boost

It's the FED, stupid

CANADIANCOMMENTS - 1/27/2020 8:03:03 PM

+2 Boost

No matter what the insurance companies spend on auto parts the legal and healthcare costs far outweigh them. If it was not for home insurance making the combined auto and home business profitable, car insurance would be a lot higher than it is today.