• November 13th, 2020

Today’s cars come chock-full of advanced driver-assistance systems that help drivers avoid collisions and accidents. These systems have helped make modern cars safer than ever, but on the financial side have produced a mixed bag of savings and costs for drivers. Car insurance rates are where drivers can see the most difference, depending on how much onboard tech is available.

study by the Highway Loss Data Institute and the Insurance Institute for Highway Safety supported that trend, finding that lane-departure warning systems reduced single-vehicle, sideswipe, and head-on crashes by 11% and injury crashes of the same types by 21%. Blindspot detection systems reduced lane-change crashes by 14% and backup cameras cut down on backing crashes by 17%.

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