The 3 Most Common Car Insurance Scams You Should Guard Against

The 3 Most Common Car Insurance Scams You Should Guard Against

Everyone knows that driving has its risks, but most of us assume that everyone on the road is well-intentioned (if discourteous at times). Unfortunately, this isn’t always the case; there are a few drivers out there with far more nefarious plans. Here are three common accident-related scams, along with what you can do to protect yourself from them.[clear]  Car insurance Scams The Staged Accident: No one likes getting in a car accident, right? Actually, there are some scam artists who specialize in setting up car crashes so that they can collect money from your insurance company, not caring that you’ll pay the price in higher premiums. The most common is the forced rear ending, in which a driver will cut in front of you and slam on the brakes. In most areas, a rear-ending is automatically considered to be the second driver’s fault, so the only way to protect yourself from this scam is to avoid tailgating.Other versions of staged accident scams involve a driver waving you forward even if you don’t technically have the right of way, crashing into you and then telling police you ignored right-of-way laws. Trust your gut; if something feels off about a situation, simply insist that the other driver go first. If you do get into an accident you think was staged, try to ameliorate the situation by gathering as much information as you can on the other driver and documenting the scene in case you need to dispute their version of the events. You should also inform your insurance claims adjuster immediately. The Not-So-Good Samaritan: If you are in an accident, don’t...
General Motors Begins Servicing Claims for Victims of Faulty Vehicles

General Motors Begins Servicing Claims for Victims of Faulty Vehicles

The door is open for the fund Automaker General Motors established in July to help pay for auto accident injury claims resulting from faulty ignition switches, which the American corporation knowingly used in many of its vehicles. In 2014, reports Los Angeles Times, GM recalled an astounding 2.6 million vehicles after it was made public that a problem with the ignition switch caused vehicles to shut off in transit or not start at all. While many of the car accident compensation claims brought against GM will be to pay for things like lost wages and productivity, medical bills, and repair bills, many others will be brought by families who lost loved ones to an issue that is now widely believed to have been a matter of common knowledge among GM executives for over a decade — that’s following a formal inquiry into the situation by the Federal Trade Commission (FTC). It’s estimated by Reuters that at least 74 people died as a result of the company’s negligence. GM Losses Estimated in the Millions According to The New York Times, General Motors was already assessed a $35 million fine for neglecting to repair the switches, which many estimate have been flawed since 2001. However, when compared to what the company estimates it will have to pay to make all victims of the most recent issues whole, that government fine will be a very small drop in the bucket. Over the coming months, car accident injury claims brought against the company are expected to be in the hundreds to low thousands. Payments for these car accident injury claims will likewise range...
Deadly Facts About Drunk Driving You Probably Didn’t Know

Deadly Facts About Drunk Driving You Probably Didn’t Know

What if I told you that in a 2013 survey of high school students in Ontario, a full 18% reported being in a car with a driver who had been drinking? What if you found out that of the 211 children killed in accidents caused by drunk driving in 2010, 62% were riding with the drunk driver who caused the accident? According to the most recently available statistics from the National Highway Traffic Safety Administration (NHTSA) 2,100 people are killed annually because someone chooses to get behind the wheel with alcohol in their system, and the problem, ostensibly, is only getting worse. The Drunk Driving Problem Starts Young A 2014 study on drunk driving from Harvard Medical School uncovered some troubling statistics. Of high schoolers 16-18 years old, 12 to 14% reported they had driven while impaired within the last month. A staggering 23 to 38% said they had ridden with a driver who was impaired by drugs or alcohol within the last month. The effect of being counted among either statistic is equally damaging, with teen drivers being 11 times more likely to drive impaired as someone who has never ridden with an impaired driver. Parents Can Lead by Example Nearly a third, or 30%, of American drivers report having been involved, whether as a driver or a passenger, in an accident caused by drunk driving in their lifetime. As you’ve seen, teens are most likely to be involved in these sorts of accidents than more experienced, more mature drivers. Teens already face a 3.6 times greater chance of being in an accident when they are carrying passengers,...
Money and Accidents: The Most Visible Effects of Legalized Marijuana

Money and Accidents: The Most Visible Effects of Legalized Marijuana

[custom_frame_left][/custom_frame_left]A new report from The Lansing State Journal has shed some light on some troubling figures related to increased legalization of marijuana in the United States and fatal car accidents. As the report shows, car accident injury claims and fatalities caused by marijuana usage have tripled within the last 15 years. With Colorado and Washington having already made marijuana a legal recreational drug, and multiple states planning on following suit in the next couple of years, it’s estimated that marijuana-related car accidents will become even more common. Currently, one in nine of all car accident compensation cases seen by the more than 45,000 personal injury accident lawyers in the United States are related to marijuana usage, as reported by CBS News. Undeniable Financial Benefits It’s hard to fault the states which have legalized marijuana. Recognizing that they could either fight against a growing wave of illegal drug sales and usage, or tap into a growing market, Colorado and Washington have since greatly benefited from making the recreational use of limited amounts of cannabis legal within their states. Colorado, in particular, has seen an incredible amount of success with their marijuana industry, pulling in upwards of $200 million for the state in just the first four months. The number of accidents goes up and so does tax revenue While the financial benefits of legalized marijuana are clear as day, states need to recognize that they may be putting their citizens at risk by opening the floodgates. According to a new study from the National Institutes of Health, distracted driving remains one of the main causes of car accidents that experienced...