Not exact matches
Studies that have compared safety records have typically determined that trains have far higher
accident rates involving hazardous materials than do pipelines, although leaks from railcars
tend to be more quickly contained.
GEICO also
tends to raise
rates more than other competitors when you have an
accident on your record.
The factors that affect your costs include whether your car is new or used, the overall safety
rating of the car, your driving record, your age and gender, and even your ZIP code, as certain areas
tend to have a higher occurrence of
accidents and claims than others.
Long commutes increase your risk for car
accidents, and they also
tend to raise
rates on car insurance.
Because all OAIP policies are for high - risk drivers, who
tend to get into more
accidents and file more claims, you will pay steep car insurance
rates.
Among the most frequent complaints customers
tend to have about their Car Insurance providers are refused claims, unsatisfactory compensation on claims, delays in adjustment process, too high premiums, poor repair quality of insurer's repair shop, raised
rates after
accident, lack of proper attention to their problems etc..
Statistics show that young men
tend to drive more aggressively and to take more risks behind the wheel than the general driving population, and their
accident rates reflects this.
On average, there are fewer
accidents and less car theft in rural areas, so insurance
rates tend to be lower.
«The zip code areas around there
tend to have the highest numbers of
rate costs and
accidents reported,» said Stephenson.
It can also pay to be proactive by taking a driving school course (seniors
tend to get steeper discounts than younger drivers do when taking the same traffic school courses) or to select a vehicle that has a higher safety
rating (since seniors are predisposed to being involved in minor vehicle collisions or
accidents.)
According to the trade group the Insurance Information Institute, insurers typically charge drivers younger than 25 higher
rates because they
tend to have more
accidents than older, more experienced drivers.
If an area experiences many fatal car crashes,
rates are more likely to go up in that area since these types of
accidents tend to be highly costly for the auto insurance companies.
Big cities like Oakland
tend to have more fatal
accidents which cause
rates to go up.
Los Angeles auto insurance and San Francisco auto insurance
tends to come at much higher
rates simply because these cities are more populous and put drivers at a higher risk for a car
accident.
More insurers have factored credit scores into their
rating models lately, especially since studies show that people with poor credit
tend to get in more
accidents.
Car
accidents stemming from one particular area
tend to raise that area's
rates.
GEICO also
tends to raise
rates more than other competitors when you have an
accident on your record.
Drivers under the age of 25 typically are costlier to insure because they have fewer years of driving experience and
tend to have higher
rates of
accidents and claims filed.
Younger drivers, specifically those under the age of 25,
tend to have higher auto insurance
rates simply because statistically, this demographic gets in 29 % of all
accidents.
For example, younger men
tend to pay much higher
rates than younger women, because they are seen as a greater risk in terms of moving violations and
accidents.
Memphians should also know that GEICO
tends to raise
rates a great amount after an
accident.
However, there are a number of larger population centers, which means more drivers and more
accidents which
tends to drive the
rates back up.
If you are driving a sedan, coupe, two door car, smaller vehicle, convertible or foreign import, then you can expect higher
rates than if you are insuring an SUV, wagon, minivan or truck simply because the smaller cars are usually not as stable on the roads and
tend to crumble under pressure in the event of a serious
accident.
In fact, they
tend to get higher
rates than others because of their age group's statistics when it comes to minor and major
accidents.
You see, drivers who have had several
accidents in the last five years fall under a high risk category so insurers
tend to offer them higher premium
rates.
Since the Nissan Altima
tends to attract a younger and more budget - conscious crowd, it's no surprise that the
rate of
accidents reported in the Altima is higher than the
rate reported in the Accord.