{"id":129,"date":"2009-01-02T10:55:49","date_gmt":"2009-01-02T15:55:49","guid":{"rendered":"http:\/\/noyeshallallen.wordpress.com\/2009\/01\/02\/good-news-to-start-2009-maine-highway-deaths-reduced\/"},"modified":"2017-11-09T08:54:06","modified_gmt":"2017-11-09T14:54:06","slug":"good-news-to-start-2009-maine-highway-deaths-reduced","status":"publish","type":"post","link":"https:\/\/www.noyeshallallen.com\/blog\/good-news-to-start-2009-maine-highway-deaths-reduced\/","title":{"rendered":"Good News to Start 2009: Maine Highway Deaths Reduced"},"content":{"rendered":"<p><span><\/p>\n<div><a href=\"http:\/\/riskebusiness.typepad.com\/.a\/6a00e5540bfd478834010536abbebc970c-popup\" style=\"float:left;\"><img decoding=\"async\" alt=\"Gasbuddy.com chart\" class=\"at-xid-6a00e5540bfd478834010536abbebc970c \" src=\"https:\/\/riskebusiness.typepad.com\/.a\/6a00e5540bfd478834010536abbebc970c-120wi\" style=\"margin:0 5px 5px 0;\" \/><\/a><br \/>\nLast year was the least deadly on Maine roads since 1959, according to the&#160;<a href=\"http:\/\/www.state.me.us\/dps\/bhs\/crash-data\/index.html\" target=\"_blank\" title=\"MBHS&#39; crash data home page\">Maine Bureau of Highway Safety<\/a>. Several reasons were cited, some of which showed a possible bright side to 2008&#39;s historically high <a href=\"http:\/\/www.mainegasprices.com\/retail_price_chart.aspx\" target=\"_blank\" title=\"Gasbuddy.com&#39;s Maine gas price page\">gasoline prices<\/a>. including fewer miles being driven and people slowing down to conserve fuel. Officials also point to increased seat belt use and safer cars on the road as factors in the positive result.<\/div>\n<p><\/p>\n<div><span style=\"font-size:15px;\"><span style=\"font-weight:bold;font-size:15px;\"><span style=\"font-family:Arial;\">Will Insurance Rates Drop?<\/span><\/span><\/span><\/div>\n<div><span style=\"font-family:Palatino;font-size:14px;\"><\/span>If traffic fatalities are down, then insurance rates will follow, right? We think the answer is a definite &quot;maybe.&quot; Here are 3 reasons why:<\/div>\n<div>\n<ul>\n<li>Insurance companies use multiple years&#39; experience when they set rates. This avoids wild swings due to one year&#39;s particularly bad &#8211; or good &#8211; experience. Accident fatality statistics have been generally favorable over the last few years. And <a href=\"http:\/\/www.iii.org\/media\/facts\/statsbyissue\/auto\/\" target=\"_blank\" title=\"Car insurance rate trend from III\">insurance rates are generally lower<\/a> as a result (chart below is from III.org).<img decoding=\"async\" alt=\"Auto ins rates\" border=\"0\" class=\"at-xid-6a00e5540bfd478834010536a37cbe970b image-full \" src=\"https:\/\/riskebusiness.typepad.com\/.a\/6a00e5540bfd478834010536a37cbe970b-pi\" style=\"margin:0 0 5px 5px;\" title=\"Auto ins rates\" \/>&#160;&#160;<\/li>\n<li><span>Other accident-related costs are increasing. Car insurance can pay for lots of things: medical bills for injured parties, repair costs and body shop storage charges for damaged vehicles, car rental, and repair for other damaged property (utility poles, buildings, etc.). Many of these <a href=\"http:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" title=\"US Bureau of Labor Statistics inflation data (snooze alert!)\">costs have increased faster<\/a> than the overall rate of inflation, which insurance companies have to factor into their rates.<\/span><\/li>\n<\/ul>\n<p>&#160;<\/p>\n<ul>\n<li>Accident rates haven&#39;t decreased, only fatalities.&#160;&#160;In a recent&#160;<a href=\"http:\/\/www.bangornews.com\/detail\/96271.html\" style=\"color:blue;text-decoration:underline;cursor:pointer;\" target=\"_blank\" title=\"Deaths on Maine Roads Drop in 2008 - BDN 1\/1\/09\">Bangor Daily News article<\/a>, a Maine&#160;<a href=\"http:\/\/www.maine.gov\/dps\/msp\/\" style=\"color:blue;text-decoration:underline;cursor:pointer;\" target=\"_blank\" title=\"Maine State Police home page\">State Police<\/a>&#160;spokesman said &quot;we&#39;ve had the same number of crashes.&quot;. Of course, insurance companies usually have to pay larger claims in the case of fatalities, but it&#39;s the&#160;<span style=\"font-style:italic;\">frequency<\/span>&#160;of accidents that drives claims experience (and insurance rates) more than severity.&#160;&#160;<\/li>\n<\/ul>\n<p>Fewer people died last year on Maine roads, and that&#39;s great news for everyone. If the trend continues, overall auto insurance rates might continue to drop. Even if it doesn&#39;t continue, the good experience should have a calming effect on Maine auto insurance rates.&#160;<\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last year was the least deadly on Maine roads since 1959, according to the&#160;Maine Bureau of Highway Safety. Several reasons were cited, some of which showed a possible bright side to 2008&#39;s historically high gasoline prices. including fewer miles being driven and people slowing down to conserve fuel. Officials also point to increased seat belt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,16,10],"tags":[],"class_list":["post-129","post","type-post","status-publish","format-standard","hentry","category-car-insurance","category-safety","category-trends"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/comments?post=129"}],"version-history":[{"count":1,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/129\/revisions"}],"predecessor-version":[{"id":4814,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/129\/revisions\/4814"}],"wp:attachment":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media?parent=129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/categories?post=129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/tags?post=129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}