According to the National Safety Council, there was a 14% increase in fatal motor vehicle accidents in the first half of 2015. Contributing to the rise in collisions was the low price of gas, bad weather, and an increase in economic activity, which translates to more drivers on the road.
Unfortunately, the rise in accidents also means a rise in auto insurance rates. At least GEICO and Allstate are raising their premiums to offset the cost of paying for collision damage.
With the increase in motor vehicle accident injuries to drivers, passengers pedestrians, and motorcyclists are also increasing. Unfortunately, motor vehicle deaths are expected to exceed 40,000 in 2015. This statistic comes from the National Safety Council.
Now, more than ever, it is important that all families be fully insured. Being fully insured means having underinsurance and uninsured coverage, as well as a full tort policy, if you are a resident of Pennsylvania.
