Advanced Safety Features Can Drop Car Insurance Premiums by 10% — But They Make Repairs Much More Expensive

An official website of the United States government. Here's how you know

The .gov means it's official.
Federal government websites always use a .gov or .mil domain. Before sharing sensitive information online, make sure you’re on a .gov or .mil site by inspecting your browser's address (or "location") bar.

This site is also protected by an SSL (Secure Sockets Layer) certificate that's been signed by the U.S. government. The https:// means all transmitted data is encrypted — in other words, any information or browsing history that you provide is transmitted securely.

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.

A 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%.

Click here to read the full article.