Higher Gas Prices, Lighter Vehicles Could Mean Higher Insurance Costs
National News • August 27, 2008
The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research ...
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Subject: Not sure about these numbers
Posted On: August 27, 2008, 12:29 pm CDT
Posted By: Old Data
Comment:
I have a feeling that these numbers will become irrelevant.
1. A study just came out that the number of fatalities this year will be the lowest since the early 1960s.
2. I am guessing that the higher cost is due to the lighter cars being steamrolled by the heavy cars/suvs. If a true reduction of the number of those heavy cars on the road happens, then the cost will go down as the number of light car/heavy car accidents decrease.
Time will tell.
Subject: Not sure about these numbers
1. A study just came out that the number of fatalities this year will be the lowest since the early 1960s.
2. I am guessing that the higher cost is due to the lighter cars being steamrolled by the heavy cars/suvs. If a true reduction of the number of those heavy cars on the road happens, then the cost will go down as the number of light car/heavy car accidents decrease.
Time will tell.