40 Fun and Mind Blowing Facts About Car Insurance This Year

Mind Blowing Facts About Car Insurance

Ok guys, let’s do something a little bit different today, no talks about getting cheap car insurance, getting health insurance, insurance site login guides, or reviews. Let me ask you, how many times have you been at or dinner party or cooperate event and needed a conversation starter to break the ice with the person sitting next to you?  Odd and off topic question right?. What if you choose to start with fact based lines about insurance? if so, then it’s pretty I cool one, all you need do is make it a fun fact session and try not to be boring about it. You see, Auto insurance has been in around for over 100 years now and records from databases, books, and other sources to find some of the most interesting facts about car insurance today. Below are 36 interesting facts about car insurance that will blow away your mind.

  1. Massachusetts was the first state to make insurance mandatory for automobiles.
  2. New Hampshire and Virginia are the only states where automobile insurance is not required
  3. Mississippi has the highest rate of uninsured motorist.
  4. Michigan, Louisiana, Kentucky, West Virginia, Mississippi are top five most expensive states for car insurance.
  5. Massachutes, North Carolina, Hawaii, Alaska and Oregon are top five least expensive states for car insurance
  6. The Toyota Sienna Minivan has one of the lowest yearly premiums compared to all other type of cars.
  7. The type of car you drive affects the way you drive and your insurance premiums.
  8. The Honda Fit EV will add free collision insurance to the entire lease period.
  9. Buying a new car will definitely increase your insurance premiums while getting a policy.
  10. Travelers Insurance was the first to write car insurance liability policy in 1897.
  11. The internet gave room for premiums to decrease dramatically due to the ease of comparing quotes from different car insurance companies.
  12. Individual US states like Connecticut have larger insurance markets than entire countries such as Brazil and Sweden.
  13. At the early times of insurance, Car insurance premiums used to be priced evenly, then they began assessing risk which lowered premiums for good drivers.
  14. Married drivers have fewer accidents and therefore get the married discount due to lower risk.
  15. There are insurance policies focused for female drivers only. They offer coverage for stolen purses left in the vehicle, roadside assistance and other perks.
  16. Research shows people with no tickets or accidents live longer on average regardless of the type of death, so your driving record can predict how long you will live.
  17. In an accident the registered car owner is the one responsible and not necessarily the driver.  So be sure to transfer you ownership titles immediately upon selling your vehicle.
  18. Paying month to month will increase your premium because you are viewed as a higher risk driver.
  19. Although drivers under 25 have a higher risk and require higher insurance premiums, not all insurance companies will reduce rates just because someone turned 25. You will still be in check.
  20. Credit rating can affect your insurance premiums as much as a past ticket or accident.
  21. Your occupation also affects your liability risk rating. If you are an engineer, you may get the best insurance rate.
  22. California has the highest auto thefts in the United States. Where you live greatly affects your premiums.
  23. Picking a lower deductible will also increase your premium due to risk.
  24. Many people receive negative credit reports against them for failing to cancel a policy when switching carriers.
  25. Half of your insurance premium goes toward administrative expenses and not claims
  26. Shopping around often is not the best option if you have poor credit, you would do better establishing a good payment history with your current carrier.
  27. If you live in a “no fault” state, you will pay higher premiums for personal injury because of fraud.
  28. The District of Columbia pays the highest expenditures on auto insurance.
  29. State Farm is the largest policy writer for auto insurance.
  30. 22% of all auto insurance policies are written for high risk drivers.
  31. Two door vehicles have the most collision claims.
  32. Texas has the highest average for Hail storms, costing 924 million dollars per year.
  33. Although the percentage of injuries from auto accidents rose 1.2 % in the last year, traffic fatalities have steadily declined.
  34. North Dakota pays the lowest expenditures for auto insurance.
  35. The district of Columbia has had the greatest increase in traffic fatalities in the last two years.
  36. In fatal crashes, failing to stay in designated lane or running off the road caused the most deaths.
  37. The leading cause of death for ages 15 to 20 is motor vehicle collisions.
  38. 21 states have mandatory coverage for uninsured motorist.
  39. Rear end crashes are the most prevalent of auto accident.
  40. Studies are showing that texting bans are not reducing accident rates in states with the laws.


You now have 36 different fact about car insurance to break-the-ice moments at events if you’re looking at pitching your idea from insurance. kindly use them wisely, and you never know when they’ll come in handy for you getting cheap insurance policy from insurer.

Let me know what you think in the comment section.

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