Are Road Traffic Accidents On The Rise

More Traffic and More Accidents

Regardless of whether you live in the UK, the US or anywhere else in the world, there is no avoiding the fact there the number of accidents occurring on the road are indeed on the rise. In the US, it was calculated that around 40,000 people lost their lives on the roads last year in 2017 with as much as a 6% increase in fatalities compared to 2016. A similar situation was occurring in the UK, with a small yet concerning increase in the amount of traffic accidents. Officials have reported that 2016 may have been the deadliest year for US and UK drivers. While there are no factors that can be blamed for being directly responsible for the increase in accidents and injuries, there are a number of contributing factors that have been considered.

Road Quality

While many roads are in the best shape they have been in in years, that is not to say that they are perfectly maintained, with drivers constantly reporting pot holes and other problems that are proving to be hazardous to the health and safety of drivers. This, alongside the drastic weather seen last year, is also part of the problem when it comes to the number of road traffic accidents in the US being on the increase. Government funding is something that will play a significant role in whether the conditions of America’s roads will be safe enough to drive on.

Population Increase

One of the other reasons why there is an increase in the number of road traffic accidents in the UK is because the number of people in the UK is on the rise, causing the UK roads to get busier and busier. This not only creates more traffic and congestion but also increases the likelihood that more accidents happen as a result.

Distractions

It has been speculated that the number of accidents on the road still remain high is because of distractions like phones and satellite navigation systems that we use whilst driving and already there has been talk of tougher measures being put into place to combat this issue. New technology has also been introduced to encourage people to use their phones less when driving, which could help to reduce the number of phone related traffic accidents in the future.

Drink Drive Limit

The policy and research director of the Institute of Advanced Motorists has stated that he believes the reason why there are so many accidents still in the UK is because of the drink drive limit being higher than it should be. For example, Scotland reduced their drink drive limit from 80mg per 100ml of blood to 50mg. Small steps like this could work towards reducing the number of traffic accidents as it will deter drivers from having one drink to not drinking at all.

If you have been injured by another driver’s negligence, regardless of whether you were driving the car or a passenger, you could be entitled to compensation. By simply filling out a road traffic claim with the Accident Advice Helpline you could find yourself getting the compensation that you deserve. The money that you receive as a result of putting in your claim could go a long way in ensuring that your medical costs and other expenses as a result of the injuries you suffered are accounted for.

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3 Ways Technology is Changing the Car Insurance Industry

 

Close up hand of woman holding smartphone and take photo of car accident

You’re probably familiar with the many ways technology is changing how you drive – whether it’s driver assist technology helping you make decisions behind the wheel, built-in cameras giving you a 360-degree view of the road, or energy-efficient advances helping you spend less on gas. But new technology isn’t just changing the way you drive, it’s also changing the way you’re insured. Read on to learn about three advances in technology that are revolutionizing the auto insurance industry.

Telematics devices

What if you could prove to your insurance company that you are a safe driver – and reduce your premium as a result? That’s exactly what insurers are offering with Usage-Based Insurance (UBI) plans. Under this type of plan, drivers install a telematics device in their car to record information about their habits behind the wheel. In return for their data, drivers qualify for a small discount to their premium upon signing up for a UBI plan, and a potentially larger discount when they renew – depending on their habits. If you’re hesitant to share this much information with your insurance company, read these news stories:

  • One insurer reports that 70 percent of drivers with this type of plan earn some kind of discount.
  • A study by the University of British Columbia showed that real-time driving feedback resulted in better habits for most participants.
Something to also be mindful of is that insurance companies are not allowed to use the information they collect to raise your premiums or deny you coverage – only  a discount.

Machine learning

Thanks to the internet, shopping for insurance is easier than ever. There are many sites online that will allow you to quickly compare multiple quotes from insurers so that you can find the best – and most affordable – plan. When it comes to servicing clients online, one company that is leveraging machine learning to raise the game is Kanetix Ltd.

Machine learning refers to a type of artificial intelligence in which computers are programmed to “learn” by themselves as they are exposed to more data and new experiences. In this case, Canadian firm Kanetix Ltd. partnered with Integrate.ai to offer customized buying experiences to their users. Leveraging their website’s deep pool of data, they were able to predict a customer’s likeliness to purchase insurance – and tailor the next steps of their buying experience based on the information. The result? A win-win scenario for Kanetix, which saw an increase in lead generation and marketing ROI, and their customers, who benefited from an improved online experience.

Autonomous vehicles

Experts have predicted that self-driving cars could save Canadians $65 billion a year in reduced fuel costs, fewer collisions and decreased congestion, making autonomous driving technology an exciting trend. Even self-driving cars, though, will require human co-drivers who are paying full attention, otherwise, they’ll still be susceptible to collisions – like in this case where a Tesla Model S that was in autopilot mode caused a fatal highway accident. So what does this mean for the auto insurance industry? Insurers will need to have policies in place to determine who is liable for an accident that involves an autonomous vehicle: the maker of the vehicle or the human driver. U.K. lawmakers have proposed a vehicle technology bill that suggests the manufacturer of a self-driving car could be liable in some instances, rather than the ‘driver.’ Under the bill, insurance companies would need to offer two types of insurance for autonomous cars: one to account for when the car is operating on its own, and one to provide coverage when the driver takes over.

 

For the most part, these trends are just emerging, so it’s impossible to say for certain what the car insurance industry will look like as technology advances. It’s safe to say,  that as we change the way we drive, there will be many new opportunities and challenges for insurers in the future.

 

 

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How the Automotive Industry is Changing in 2018

It’s an exciting time in the automotive industry. Just as technology has integrated thoroughly into our personal and business lives, so too is it changing the ways that we think about transport. The challenge now is for the car and trucking industries to adapt quickly and stay on top of the evolving trends and tech that are set to alter the dynamics of the way we commute to work and transport goods across national and international borders. Looking at the key technologies that are influencing the future of the automotive industry is key to understanding what changes to expect in 2018, and are the best way to keep yourself aware of the challenges that are yet to have a real impact.

Catching up to Sustainability

Elon Musk may have sent his old car into space, but that’s a little beyond the majority of most people’s budget. However, it may be time to trade in your older car for something that better reflects the modern thought and money-saving possibilities of what is now available. With options now available that include electric, hybrid, and low-emission vehicles, the cost of running that older model may seem excessive and unnecessary. To gather the funds for a low-emission car, you can get rid of your junk cars at Rusty’s Auto Salvage for cash. Then, use the cash to buy a more sustainable and eco-friendly vehicle.  When the average household is spending almost as much on transportation as they are on their housing, it’s obvious that finding ways to lessen that cost are becoming a priority for many families. With savings of up to a third on your petrol costs, electric cars are becoming a more important essential for those wishing to not only lessen their carbon footprint, but also save some significant cash amounts at the same time.

The Challenge of Self-Driving Vehicles

The car industry and automation have a long history. From the first production line by Henry Ford, car-makers have always sought to make the most of the technological ability to create faster and more efficient vehicles at a more rapid pace. With the advent of self-driving technology, this is set to become the next stage of evolution for every form of transport. That’s because automation is no longer restricted to the factories themselves, but to the whole notion of driving.

Automotive Corporation Leaders

As corporations like Ford, BMW, and General Motors all spend vast amounts of money on perfecting self-driving technology, this is going to change the way that we drive. While there are valid fears regarding the impact on employment, the truth is that self-driving vehicles will be able to save trillions of dollars in time, insurance, and accidents, and only the most short-sighted are not making preparations for the coming transport revolution.  As technology and environmental awareness continue to grow in influence, it’s time for every driver to consider their costs and make changes in order to maximize their potential for savings. As the automotive industry moves forward at lightning pace, the consumers are the ones who will be benefiting from the positive potentials that 2018 has to offer.

 

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