ARE PEOPLE DRIVING MORE DANGEROUSLY THAN BEFORE???
This year nearly every car insurance customer in California is seeing their rates increase by 10-30%. This is due to many factors including inflation and an increase in the cost of used cars. However, another important factor has also been a rise in the number of accidents. At first, this was generally identified as a “change in driving patterns.” Now…some research data is helping insurance companies better understand what may be happening. There is an indication that shortly after COVID, traffic cleared up and people drove faster on the open roads. The problem that this created is that now that traffic is back to pre-Covid levels…people did not slow down. This along with higher levels of distracted driving is believed to be main culprits of the higher number of claims If you would like to learn more about these changes in auto insurance, here is a great article from the Insurance Journal.