Do Safety Features Lower Car Insurance?

Do you ever feel like you're stuck in a catch-22 when it comes to car insurance? On the one hand, you know that having enhanced safety features on your vehicle can help keep you and your family safe. But on the other hand, you also know that these same features can often times result in higher insurance rates.

 

So what's the answer? Do cars with advanced safety features really make everything safer? And if so, how much will they actually save you on your car insurance premiums?

Most studies suggest that cars with advanced safety features do indeed make everything safer. For example, the crash involvement rate for vehicles with blind-spot detection systems is 27% lower than for those without such systems. And vehicles with collision warning systems have been shown to reduce crashes by 14%.

Based on this evidence, it would seem that opting for additional safety features in your new vehicle is a no-brainer. Not only will you and your family be

What Are Safety Features?

Most people would agree that safety features are a good thing. After all, who doesn't want to be safe while driving? But what many people don't know is that safety features can also help lower your car insurance rates. That's right, having things like airbags and anti-lock brakes can help you save money on your auto insurance.

So how do safety features lower car insurance rates? It all has to do with risk. The less risky you are to insure, the lower your rates will be. And since safety features help reduce the chance of accidents and injuries, insurers see you as a less risky customer.

Of course, not all safety features will result in lower rates. Some, like GPS tracking devices, may actually cause your rates to go up. But on the whole, having more safety features on your car is a good way to keep your insurance costs down.

Do Safety Features Affect Car Insurance Rates?

When it comes to car insurance rates, the type of car you drive definitely matters. But did you know that safety features can also affect your premiums? In general, vehicles with more advanced safety features are less expensive to insure.

 This is because when such cars do get in crashes, the repairs are typically less expensive. However, there are exceptions to this rule. For example, if a car has a lot of high-tech safety features, it may actually be more expensive to insure. 

This is because insurers consider the likelihood of an accident when setting rates. So, if you're looking to save on your car insurance payments, be sure to ask about discounts for safety features.

Airbags

Safety features like airbags can help reduce the amount of damage caused by an accident, which in turn can lower your car insurance rates. Insurance companies know that vehicles with airbags are less likely to cause serious injuries, so they offer discounts to encourage drivers to equip their cars with this life-saving feature. 

If you're looking for ways to save on car insurance, consider installing airbags—you could see a significant reduction in your premium.

Anti-lock Brakes

While some car safety features can lower car insurance costs, anti-lock brakes are one feature that can have a significant impact on your overall payments. Many insurance companies offer an ABS discount for having anti-lock braking on a car, which can absolutely contribute to your overall savings. 

In addition, vehicles with airbags tend to be less expensive to insure as well since they reduce the severity of injuries in an accident.

Daytime Running Lights

Safety features like daytime running lights can help lower your car insurance payments. Daytime running lights make it easier for other drivers to see your car, which can help prevent accidents.

 In addition, daytime running lights can help you see better in low-light conditions. If you have daytime running lights on your car, be sure to ask your insurance company if you qualify for a discount.

Electronic Stability Control

Yes, safety features that help prevent serious accidents or property loss can lower your car insurance payments, but these discounts may not be as much as you think. According to Forbes, “[out] of nine available auto safety systems, only one – electronic stability control – will reduce your car insurance rates by up to 10%.” So while ESC can reduce your rates by up to 10%, other safety features like anti-lock brakes and in-car safety technologies might not have the same impact.