Caffery, Oubre, Campbell & Garrison, L.L.P.
New Iberia
Service, Integrity, Results

A car’s safety features won’t necessarily lower insurance

Technology has gone a long way toward making cars, trucks and other motor vehicles safer. Today’s high-teach features means that drivers are safer than ever on the roads.

As automobile manufacturers develop better, more advanced safety features, many consumers are wondering whether their insurance premiums will decrease. After all, many safety features do reduce the likelihood of accidents. But there are several reasons why insurers do not necessarily lower their pricing because a vehicle has better safety technology.

New tech is expensive to fix

Many technological advancements now used in cars are indeed proven to reduce the frequency of accidents. Crash-avoidance systems, for example, could prevent more than 2.7 million crashes every year if installed on all vehicles. But high-tech equipment is often very expensive to repair or replace. Insurance companies stand to spend a lot of money reimbursing customers for damaged safety technology.

Drivers may become careless

Safety technology can lull drivers into a false sense of security. When drivers believe that their vehicle is equipped with more safety features, they can become careless on the road. They feel that they do not have to pay as much attention, since their car’s features will protect them. This could lead to more crashes, which may in fact raise a policyholder’s rate.

Although advanced safety technology can lower the rate of accidents, this does not offset the significant cost of repairs, or the increase in drivers’ negligence. In addition, insurance companies state that there is currently not enough data to determine whether safety systems merit reduced rates. Without a doubt, as technology advances, drivers and insurers alike will to face numerous issues regarding auto insurance.

No Comments

Leave a comment
Comment Information

contact us

With offices in Lafayette and New Iberia, our lawyers represent clients in state and federal courts throughout Louisiana. Contact us today to schedule your case assessment with one of our experienced attorneys. Email or call us at 337-446-2442 to reach our Lafayette office or call 337-352-2310 to reach our New Iberia office.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Lafayette Office
100 East Vermilion Street
Suite 201
Lafayette, LA 70501

Phone: 337-446-2442
Map & Directions

Lafayette Office

New Iberia Office
800 South Lewis Street
Suite 205
New Iberia, LA 70560

Phone: 337-352-2310
Map & Directions

New Iberia Office