Drivers who want to lower their Michigan auto insurance rates may not thoroughly understand how insurance companies use safety features to calculate risk. In addition to creating the right policy with the right deductible, coverages and add-ons, policy holders can also benefit from reporting any safety features that may lower their policy rates by representing less risk to the insurer. Here are some of the common safety features that make a difference on auto insurance policies.
Tire Pressure Monitoring Systems
Having a tire pressure monitoring system on a vehicle allows drivers to monitor each tire for over-inflation or under-inflation. Having properly inflated tires greatly reduces the chances of some of the most dangerous kinds of accidents, such as when a tire blows out on the road and causes a driver to lose control of the vehicle. In the old days, drivers checked tire pressure manually, but the lack of convenient and free public air stations and other challenges means that many drivers will not take the step of checking tires without these new tech devices that automatically provide essential warnings.
Antilock Brake Systems
Antilock brake systems, or ABS, are another very valuable type of safety feature on newer cars, trucks and other vehicles. ABS systems allow sophisticated electronic sensors to control brakes in more precise ways than drivers can usually provide. That means when a vehicle skids on snow or ice or otherwise loses contact with the road, the ABS system helps control the kinds of tire revolutions that lead to skidding and irregular driving. AAA resources show that using ABS with some other features can be effective in limiting accidents within a greater “safety culture” that looks at numerous factors, including alcohol use, distracted driving and other unsafe issues.
Electronic Stability Control
Rollovers are another class of dangerous accidents that cost money and lives every year on American roads. For vehicles with a higher center of gravity, such as some crossovers and SUVs, having electronic stability control, or ESC, will reduce risk quite a bit and can lead to lower auto insurance premiums for policy holders. The Insurance Institute for Highway Safety details how ESC works and how it has contributed to better security for rollover-prone vehicles over time.
New Lane Departure or Crash Detectors
Electronic lane departure and imminent crash detection features are some of the newest safety elements that drivers and insurance companies are using to promote safety. Having these items under the dash of a modern vehicle can make a policy holder and his or her commuting or personal use vehicle more attractive to insurance companies, which can decrease the cost of coverage.
For more on all kinds of issues related to personal and family auto insurance and for information on finding the lowest rates, give Insurance Planning Service a call at 800-220-5582.