III: Reckless driving can mean higher auto insurance rates
Not only is reckless driving dangerous, but it can also lead to an increase in your auto insurance rates, the Insurance Information Institute (I.I.I.) reminded drivers in a recent report.
According to the I.I.I., excessive speeding, inattention and other reckless behaviors on the road can really hurt drivers’ wallet – if they are lucky enough to escape physical injury first.
According to the National Highway Traffic Safety Administration (NHTSA), excessive speed and inattention together account for nearly 30 percent of all fatal crashes.
“You may not have control over your gender or your age, but there’s a lot you can do to keep rates down,” Loretta Worters, vice president with the I.I.I., said in a statement. “One of the most important is to be a safe driver. That means, don’t speed, don’t drink and drive and don’t text while behind the wheel.
The costs involved can go way beyond a driver’s bank account, as well.
Remember, Worters said, “reckless driving isn’t just costly, it’s deadly.”
In the report, the I.I.I. offered up come quick tips to help consumers lower their car insurance rates, such as:
- Shop around – Compare auto insurance rates from multiple providers/
- Focus on deductibles – A higher deductible can mean lower monthly rates.
- Maintain good credit – It is established that a person’s credit history is a factor with insurance rates.
- Low mileage discounts – Those who car pool and/or drive few miles per year could be in line for a discount.
See also: Auto insurance discounts to look for