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We all are experiencing the impact of gas prices.  It is anyones guess when it will return to reasonable prices again.  While we are going through this price hike, you may want to take a moment to re-evaluate your auto insurance policies.  Call us to go over your policy and look for extra discounts or to make changes to your deducibles.  (800) 807-6871.
  

As gasoline prices reach $4 a gallon throughout the nation, pain at the pump seems to have at least one silver lining for drivers and insurers.

The rising cost of gas also drives a decline in all traffic accidents, including drunk-driving crashes, according to a new study by Mississippi State’s Social Science Research Center.

Researcher Guangqing Chi, an assistant professor of sociology at the university, published his findings in the Journal of Safety Research and Accident Analysis and Prevention

Chi examined a range of factors related to driving-related accidents in the state, including age, gender and race. The study analyzed total traffic crashes between April 2004 and December 2008, comparing gas prices to traffic safety statistics.

“The results suggest that prices have both short-term and intermediate-term effects on reducing traffic crashes,” he reports in the journal article.

Among other points, the research also shows gas prices having a short-term impact on crashes involving younger drivers and intermediate-term impact related to older drivers and men. 
Read more: http://www.insurancejournal.com/news/national/2011/04/28/196534.htm

Posted 5:02 PM  View Comments

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