Should Insurance Rates be linked to Speed Violations?

[Linux23]

This is one thing I cannot rap my head around. Everyone speeds. Everyone! I don't care if it's for 1 second or if you're trying to pass a reckless driver in front of you, everyone has done it. Some intentionally, some unintentional.

I don't think speeding is necessarily dangerous in and of itself so why should I be penalized on my insurance if I get a speed violation of say 10 mph over the limit? Does that make me a bad driver? Am I wreckless if i'm doing 10 over the limit, in a partially empty freeway, in the non-passing lane?

Shouldn't someone, let's say, doing 15-20 over the limit, and who is swerving in between traffic be fined, and have points on their license, causing their insurance premiums to go up? I mean, these are the asshats that's cause wrecks, in my opinion.

 

[bignateyk]

I've gotten several low-grade (0-2pt offenses) speeding tickets and my rates have never gone up.

 

[Red Storm]

In my opinion it is the extremely slow and unaware drivers who are the asshats causing wrecks.

 

[Eug]

Statistically, high # of speed infractions correlates with accidents, so yeah, insurance rates should be linked with speed violations.

My insurance company doesn't care though if I get say 2 moving violations every few years, but they would very much care if I got 4 in one year.

BTW, around here, if you're less than 10 km/hr over, you won't get a ticket. You generally won't get a ticket if you're less than 15 km/hr over either. 15 km/hr is less than 10 mph. If you're 20 over you will get a ticket though. 20 km/hr is about 12 mph.

 

[Jimzz]

Statistically, # of speed infractions correlates with accidents, so yeah, insurance rates should be linked with speed violations.

citation ?

 

[Blackjack200]

Statistically, high # of speed infractions correlates with accidents, so yeah, insurance rates should be linked with speed violations.

My insurance company doesn't care though if I get say 2 moving violations every few years, but they would very much care if I got 4 in one year.

BTW, around here, if you're 10 km/hr over, you won't get a ticket. You generally won't get a ticket 15 km/hr over either. 15 km/hr is just under 10 mph. If you're 20 over you will get a ticket though.

Exactly. I speed, but have never been pulled over for doing 10 over or less.

And yeah, speeding has a huge effect on both the risk and severity of collisions, so it absolutely should impact your insurance.

 

[Eug]

citation ?

Can't give one, but I listened to a lecture once from a doc who was campaigning to get licences banned for 16 year olds.

An interesting stat he listed was that 16 year-old drivers were inherently more risky than 18 year-olds. It wasn't that 18 year-old's had more experience, as the comparison of 16 year-old drivers was strictly against novice 18 year-old drivers.

The insurance companies set their policies generally in-line with statistical data, give or take. Consequently, when I got my motorcycle licence for the summer when I was in my 30s, it was $500. The same licence for someone under the age of 25 was a few thousand.

Many people complain about slow driving old people, but at least young seniors have better driving records than 30 year olds. That changes with older seniors though.

 

[Svnla]

Clueless and not paying attention soccer moms = most dangerous on the street IMO (at least around here).

 

[zokudu]

Why not? Can you prove speeding is not linked to more accidents?

 

[Eug]

Clueless and not paying attention soccer moms = most dangerous on the street IMO (at least around here).

I'm sure there is no "soccer mom" classification, but I've read several times that women of that age are generally safer than average male drivers in the same age group. For example:

http://editorial.autos.msn.com/article.aspx?cp-documentid=788126

So Are Women Better Drivers Than Men?
Many auto insurance industry experts would agree with the theory that men, especially young men, tend to drive more aggressively than women and display their aggression in a direct manner, rather than indirectly. Furthermore, as a rule of thumb, male drivers are more likely than women to break the law, and the male of the species tends to be more of a risk-taker.

Even so, it's hard to say women are better drivers, although they are statistically safer. Women have just as many accidents as men; however, they tend to be minor fender-benders. Men, on the other hand, tend to do the job properly when they crash, and as a result cost their insurance companies a lot more money.

 

[Jimzz]

Why not? Can you prove speeding is not linked to more accidents?

Can you prove it does?

Highways have less accidents than surface roads yet highways have much higher speed limits.
Deaths are down even though speed limits have gone from 55mph to up to 85mph.

 

[sze5003]

I have gotten maybe 2 speeding tickets in my time driving but years apart. I went to court and never got points just paid the fine, with the stupid plea deal they give. My insurance hasn't gone up because of it.

 

[Linux23]

but wouldn't it make more sense to give a guy a ticket, who is both speeding, and swerving out of their lane instead of a guy who is speeding, but is in their line, with a few hundred feet between himself and the next car in front.

who is more dangerous here? who's license should be dinged with points, which will invariable make their insurance go up.

 

[rudeguy]

yes

Follow the law or pay the price

 

[Eug]

I have gotten maybe 2 speeding tickets in my time driving but years apart. I went to court and never got points just paid the fine, with the stupid plea deal they give. My insurance hasn't gone up because of it.

1. Generally insurance companies don't care if you got points or not, because they generally don't use the governmental point system. If you got a moving violation, it counts. If you get a bad moving violation, it counts more, yes, but a no-point moving violation still counts.

2. Many insurance companies allow a few minor moving violations every few years. Two several years apart won't affect the rate for many companies.

3. Many insurance companies don't regularly check anyway. Such moving violations may not necessarily show up in their records.

but wouldn't it make more sense to give a guy a ticket, who is both speeding, and swerving out of their lane instead of a guy who is speeding, but is in their line, with a few hundred feet between himself and the next car in front.

who is more dangerous here? who's license should be dinged with points, which will invariable make their insurance go up.

IANAL, but reckless driving would be charged separately from speeding.

BTW, I had a buddy who was a sports car lover who always complained about slow moving seniors. He always got pissed off though when I pointed out that statistically they had better records than he did, and paid lower insurance rates, because he had had several accidents under his belt.

While he may be more skilled at driving fast than some slow-driving 65 year-old grandmother, the grandmother drives slowly to compensate and then some, and consequently has no accidents.

 

[Jimzz]

but wouldn't it make more sense to give a guy a ticket, who is both speeding, and swerving out of their lane instead of a guy who is speeding, but is in their line, with a few hundred feet between himself and the next car in front.

who is more dangerous here? who's license should be dinged with points, which will invariable make their insurance go up.

Problem is people tie speeding with agressive driving.

 

[rsutoratosu]

NYC just got speed cameras... we're looking to get butt ram now.. red light camers + speed cameras

 

[sze5003]

Red light cameras I hate. Here in route 1 there are so many lights and rush hour traffic you get stuck sometimes. Many people now speed to get through the lights to avoid getting their pic taken. I've seen people get away with it and others get stuck in the middle.

I've memorized all camera locations and based on knowing the yellow lights don't last more than 3 sec I stop every time.

 

[Eug]

BTW, sometimes stupidity in aggressive drivers pays:

http://www.cbc.ca/news/canada/toron...onto-lawyer-lower-simcoe-ferrari.html?cmp=rss

The owner of a silver Ferrari abandoned in a flood-prone downtown Toronto tunnel last month will soon be revving the engine on a new 2014 vehicle thanks to publicity generated by a famed photo of his car in over a metre of water.

"RSA (Insurance) Group came through, they paid 100 per cent of the loss, and Ferrari thought it was great publicity and gave me a very good deal," said lawyer Howard Levitt, whose 2010 two-door sports car was photographed in an idle pool of water in a Lower Simcoe Street underpass after a record rainfall drenched the Greater Toronto Area on July 8.

Because of his stupidity, he got to trade in his 2010 Ferrari for a brand new 2014 Ferrari.

 

[mmntech]

Speeding is one of those things that can go a few different ways and the danger varies. There's a huge difference between going 20km/h over on an empty country road, and doing the same thing on a residential city street. Even though the punishment is the same according to the law. Though it shouldn't be.

Around here you're more likely to get busted on the country roads because the cops don't have to work for their meal. Which is why the quota system has little to do with public safety.

Speed is usually a factor in crashes but not the prime factor. Distracted driving now accounts for more fatalities than impaired driving. Aggressive driving is also a major problem.

 

[Doppel]

Statistically, high # of speed infractions correlates with accidents, so yeah, insurance rates should be linked with speed violations.

This.

We all speed, but we don't all speed by the same amount.

I think people who never speed are the worst drivers and should get the hell off the road until their testicles have dropped (if a guy)>

 

[Don Vito Corleone]

BTW, sometimes stupidity in aggressive drivers pays:

http://www.cbc.ca/news/canada/toron...onto-lawyer-lower-simcoe-ferrari.html?cmp=rss

The owner of a silver Ferrari abandoned in a flood-prone downtown Toronto tunnel last month will soon be revving the engine on a new 2014 vehicle thanks to publicity generated by a famed photo of his car in over a metre of water.

"RSA (Insurance) Group came through, they paid 100 per cent of the loss, and Ferrari thought it was great publicity and gave me a very good deal," said lawyer Howard Levitt, whose 2010 two-door sports car was photographed in an idle pool of water in a Lower Simcoe Street underpass after a record rainfall drenched the Greater Toronto Area on July 8.

Because of his stupidity, he got to trade in his 2010 Ferrari for a brand new 2014 Ferrari.

I wouldn't assume this cost him nothing. It depends on the terms of his policy but I think many insurers would take this view that since this was a clearly preventable loss and they paid ~$150-200K, his premiums can and should spike as a result.

 

[Eug]

I wouldn't assume this cost him nothing. It depends on the terms of his policy but I think many insurers would take this view that since this was a clearly preventable loss and they paid ~$150-200K, his premiums can and should spike as a result.

I damn well hope so. Still, he's avoided 4 years of depreciation because of his moronic behaviour. I had read the article about the original incident and people were stopped short of the water and warning others not to go near it. Then out of the blue, this guy in a Ferrari comes barreling through and then the engine stops dead in waist deep water.

 

[Svnla]

I'm sure there is no "soccer mom" classification, but I've read several times that women of that age are generally safer than average male drivers in the same age group. For example:

http://editorial.autos.msn.com/article.aspx?cp-documentid=788126

So Are Women Better Drivers Than Men?
Many auto insurance industry experts would agree with the theory that men, especially young men, tend to drive more aggressively than women and display their aggression in a direct manner, rather than indirectly. Furthermore, as a rule of thumb, male drivers are more likely than women to break the law, and the male of the species tends to be more of a risk-taker.

Even so, it's hard to say women are better drivers, although they are statistically safer. Women have just as many accidents as men; however, they tend to be minor fender-benders. Men, on the other hand, tend to do the job properly when they crash, and as a result cost their insurance companies a lot more money.

My previous post was not about any soccer mom or women but the clueless and not paying attention types.

For example, two days ago, I was behind a woman on an exit of an interstate. She signaled to turn right, but then suddendly turned left when I was about to pass on on the left. Almost had a huge collision right there with her.

Or the one that was rear ended my vehicle a while back while I was on a full stop at a red light for a least 5 seconds (I made a thread about that in this forum).

Or a few that almost ran me over on interstate with their minivans and so on...

I had other "oh that was so close" with males and teenagers too but the clueless and not paying attention soccer moms are most damaging to my sanity.

 

[IGBT]

insurance claim statistics are the bases for rates. They know what risks they have to pay out on. Study those stats.for the truth.