Chris2005SS Posted April 20, 2005 Report Share Posted April 20, 2005 It's a little long but one of my insurance companies sent me a press release on accident statistics and I thought everyone would enjoy knowing higher horsepower equals fewer accidents. "Ummm..honey...if I don't get the new pistons soon I'll probably total the truck" From Progressive Insurance: "After studying more than 12 million private passenger vehicles it insured over the past three years, Progressive finds that cars with more than 200 horsepower are actually involved in an average of 17 percent fewer auto insurance claims than are those with less than 200 horsepower. Less than 200 HP = 1.00 Relative Frequency of Crashes 200-250 HP = .87 Frequency of Crashes 250-300 HP = .78 Frequency of Crashes More than 300 HP = .67 Frequency of Crashes But, when a higher horsepower vehicle is involved in a crash, they cause more damage to others." (especially in a truck going warp speed!) Bottom line: SS owners should have fewer accidents compared to that Corolla or Aveo next to you at the light but when we do get in an accident, it's a bit more costly. Link to comment Share on other sites More sharing options...
Aspentaylor Posted April 20, 2005 Report Share Posted April 20, 2005 That was really interesting! thanks! Almost got into 3 accidents in the last twenty four hours. Only one was my bad. Link to comment Share on other sites More sharing options...
misterp Posted April 20, 2005 Report Share Posted April 20, 2005 How about: fewer cupholders = fewer accidents? Mr. P. Link to comment Share on other sites More sharing options...
WEEZARR1&SS Posted April 20, 2005 Report Share Posted April 20, 2005 That is sum good info to know about, I will just have to up the HP more now. Thanks for the info. Link to comment Share on other sites More sharing options...
Dylan06SS Posted April 20, 2005 Report Share Posted April 20, 2005 How about: fewer cupholders = fewer accidents? <{POST_SNAPBACK}> How about fewer IDIOTS = fewer accidents? Link to comment Share on other sites More sharing options...
misterp Posted April 20, 2005 Report Share Posted April 20, 2005 How about: fewer cupholders = fewer accidents? <{POST_SNAPBACK}> How about fewer IDIOTS = fewer accidents? <{POST_SNAPBACK}> Got me there - no arguing logic like that! Mr. P. Link to comment Share on other sites More sharing options...
ChevySSandChevy8.1 Posted April 21, 2005 Report Share Posted April 21, 2005 Isn't that just because there are fewer higher horsepower vehicles. People tend to buy fuel efficent small cars on average. Since there are more corollas, aveos, cavaliers, civics, there is a greater probability that they will be involved in an accident as there are more of them. Also insurance states that young drivers are most likely to be involved in accidents, reason for the high insurance. In general most young people cannot afford to buy a car that has much bhp, also its hard to pay for the insurance and gas when you are younger. Since it is known that younger drivers on average get in more accidents then experienced drivers and younger drivers generally drive cars with under 300 bhp, it is makes sense they will be involved in more accidents. I think that ratio progressive gave is just due to the ratio of 300+bhp cars on the road to 100-200bhp cars. Link to comment Share on other sites More sharing options...
fox_forma Posted April 21, 2005 Report Share Posted April 21, 2005 Isn't that just because there are fewer higher horsepower vehicles. People tend to buy fuel efficent small cars on average. Since there are more corollas, aveos, cavaliers, civics, there is a greater probability that they will be involved in an accident as there are more of them. Also insurance states that young drivers are most likely to be involved in accidents, reason for the high insurance. In general most young people cannot afford to buy a car that has much bhp, also its hard to pay for the insurance and gas when you are younger. Since it is known that younger drivers on average get in more accidents then experienced drivers and younger drivers generally drive cars with under 300 bhp, it is makes sense they will be involved in more accidents. I think that ratio progressive gave is just due to the ratio of 300+bhp cars on the road to 100-200bhp cars. <{POST_SNAPBACK}> Couldnt you just let it stand that more HP= less accidents But that prob is the case anyway Link to comment Share on other sites More sharing options...
Jonmalibuss Posted April 21, 2005 Report Share Posted April 21, 2005 How about this idea: When the higher horse power vehicles do get into an accident it's possibly because those under 200hp vehicles are going too damn slow causing the accidents. Link to comment Share on other sites More sharing options...
stexx Posted April 21, 2005 Report Share Posted April 21, 2005 Link to comment Share on other sites More sharing options...
SSUPERSSPORT Posted April 21, 2005 Report Share Posted April 21, 2005 Insurance companies can really come up with some weird stuff. My insurance man told me a couple of years ago that auto insurance rates are tied into a person's credit rating. Their logic is that if you have money problems, you are more likely to be in accidents and file claims. I suppose that is possible, but it seems your record of driving should have more to do with how much you should pay. Link to comment Share on other sites More sharing options...
Chris2005SS Posted April 21, 2005 Author Report Share Posted April 21, 2005 Insurance companies can really come up with some weird stuff. My insurance man told me a couple of years ago that auto insurance rates are tied into a person's credit rating. Their logic is that if you have money problems, you are more likely to be in accidents and file claims. I suppose that is possible, but it seems your record of driving should have more to do with how much you should pay. <{POST_SNAPBACK}> It's true that almost all the insurance companies now connect your credit with your driving. The theory is if you're responsible about your credit, you'll be responsible about your driving. I'm an insurance guy and I still have a hard time accepting this. Many states have banned credit scoring on insurance but the insurance companies are so huge they get it overturned. If I person goes through a divorce and winds up with some credit problems because of it, does that mean he or she is now a bad driver or more likely to get in an accident? According to the insurance companies...Yes. Link to comment Share on other sites More sharing options...
tawss04 Posted April 21, 2005 Report Share Posted April 21, 2005 You know what sucks is we pay higher rate because we choose to drive larger vehicles and if we get into an accident with a Corolla or other small car wether it is our fualt or not the small car is usually totaled. Exscuse Me for driving something i have a better chance walking away from after a crash. The small cars should be paying higher rates because they are more likely to be totaled out. Link to comment Share on other sites More sharing options...
misterp Posted April 21, 2005 Report Share Posted April 21, 2005 Insurance companies can really come up with some weird stuff. My insurance man told me a couple of years ago that auto insurance rates are tied into a person's credit rating. Their logic is that if you have money problems, you are more likely to be in accidents and file claims. I suppose that is possible, but it seems your record of driving should have more to do with how much you should pay. <{POST_SNAPBACK}> It's true that almost all the insurance companies now connect your credit with your driving. The theory is if you're responsible about your credit, you'll be responsible about your driving. I'm an insurance guy and I still have a hard time accepting this. Many states have banned credit scoring on insurance but the insurance companies are so huge they get it overturned. If I person goes through a divorce and winds up with some credit problems because of it, does that mean he or she is now a bad driver or more likely to get in an accident? According to the insurance companies...Yes. <{POST_SNAPBACK}> yup it's an insurance reality. And it's Mr. P. Link to comment Share on other sites More sharing options...
misterp Posted April 21, 2005 Report Share Posted April 21, 2005 You know what sucks is we pay higher rate because we choose to drive larger vehicles and if we get into an accident with a Corolla or other small car wether it is our fualt or not the small car is usually totaled. Exscuse Me for driving something i have a better chance walking away from after a crash. The small cars should be paying higher rates because they are more likely to be totaled out. ...and more likely to have an occupant suffer a major (costly) injury IMO. Mr. P. Link to comment Share on other sites More sharing options...
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