Insurance - Accident Factoids

Accident Factoids

Accidents, personal injuries and insurance claims are here to stay. No matter how far into the 21st Century American's elect to drive (unless by the beginning of the 22nd Century we're all zipping around in our own personal space ship) motor vehicle accidents will continue to pile up; with no end in sight!

There are more than 200,000,000 licensed drivers in the United States. (As of 2003 we're close to a yearly 7 million motor vehicle accidents, involving well over 3.5 million injuries).
Car accident crashes cost society an estimated $4,900 per second. That's about $25,000 in the time it took to read this fact.
Current records show that most American driver's will have a near motor vehicle accident 1 to 3 times per month and will be in a collision of some type on the average of every 5 to 8 years plus these records also indicate that licensed teenagers are 22 more times likely to get a speeding ticket than those who are 65 years of age or older.
In 1896 there were only four cars registered in all the United States. Two of them collided with each other in St. Louis.
By the year 2025 there will be 33 million people 70 years or older in America. This segment of the population will be growing 2.5 as fast as the total population. They will make up the largest percentage of the "turning left" and "rear end" accidents. Slowly but surely Senior Citizens have developed a higher accident ratio than teenagers. (This will, in time, seriously impact the typical Senior Citizen's pocketbook). And also, by 2025, the total costs for motor vehicle accidents in the United States will exceed 450 billion dollars.
The world's most solitary tree is located at an oasis in the Tenere Desert in Central Africa. There's not one other standing tree within 31 miles. In 1960, it was smashed into by a truck.
Up-to-date statistics clearly reflect that 1 out of every 5 Americans are involved in an alcohol-related car crash at some time in their lives and the day in which motor vehicle accident injuries occur most often is Saturday. Sunday is second.

FIVE CRUCIAL MEDICAL DEVELOPMENTS THAT HAVE SLOWLY BUT SURELY COME TO PASS. THESE WILL SERIOUSLY (AND FOREVER) IMPACT THE VALUE OF PERSONAL INJURY CLAIMS IN THE YEARS TO COME:

Records prove that a motor vehicle accident of as little speed as 5 MPH can produce a "whiplash-type" injury.

The symptoms arising from an injury sustained in a motor vehicle accident do not necessarily present themselves immediately following an accident.

Medical research and clinical experience have accumulated enough information to demonstrate that the delay of an injury symptom is the norm.

Studies have established that the delay of a symptom does not eliminate the possibility of severe injury.

It's been proven that individuals can continue to be symptomatic for many months (even years!) after a motor vehicle accident. In addition approximately 75% of them remain symptomatic for a minimum of 6 months after the accident. (And current up-to-date statistics reveal that between the first and second year after an accident has occurred over 20% of those injured actually have their symptoms worsen).

DISCLAIMER: The only purpose of this article, MOTOR VEHICLE ACCIDENT FACTOIDS has been created to help people understand the motor vehicle accident claim process

Dan Baldyga makes no guarantee of any kind whatsoever; NOR to substitute for a lawyer, an insurance adjuster, or claims consultant, or the like. Where such professional help is desired it is the INDIVIDUAL'S RESPONSIBILITY to obtain said services.

Dan Baldyga worked for over 30 years as an insurance adjuster, supervisor, manager and trial assistant. Since his retirement he has written 3 highly successful "How To" Insurance Claim books. His latest: AUTO ACCIDENT PERSONAL INJURY INSURANCE CLAIM (How To Evaluate And Settle Your Loss) which includes BASE, The Baldyga Auto Accident Settlement Evaluation Formula for determining the value of ones "Pain And Suffering", can be found on the internet at http://www.autoaccidentclaims.com.

About The Author

For 30 years Dan Baldyga was a claims adjuster, supervisor and also a trial assistant. He is now retired and spends his time attempting to assist those involved in motor vehicle accident claims, so they will not be taken advantage of.

dbpaw@attbi.com

Car Insurance Rates | Dental Insurance | Health Insurance | Home Owner Insurance | Life Insurance Quote

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |

Life Insurance Information
Life insurance is a personal insurance plan designed to pay out a sum of money on the death of the policyholder. Life Insurance is an insurance that is taken out against a persons life. It will pay out either a lump sum or monthly contributions to the "trustee" or next of kin in the event of the policy holder's death.Life insurance is, as the name implies, an insurance policy taken out on an individual's life. As with any other insurance policy, regular premiums are paid by the policyholder to the insurance company - and should the policyholder die, then the policy will pay...(related: Insurance)

Check Out The Variety Of Auto Insurance Texas Style
They say everything is bigger and better in Texas, and this is true when you look at the wide variety of different auto insurance companies offering auto insurance. Texas drivers have to consider four main options when they choose an auto insurance company....(related: Insurance)

If You Rent A Home, Protect It By Buying Renters Insurance
Renters insurance is often overlooked by people who are renting their house or apartment. Many people don't realize that their landlord's insurance only covers the building that you live, there in no coverage for your personal belongs. Renters insurance...(related: Insurance)

10 Ways To Save On Car Insurance
For most people car insurance is a the single largest insurance expense after health insurance. Rates are high and are forever climbing, at least it seems that way. You can save money on your car insurance premiums by following these easy to implement steps.1. Shop Around. Yes, it pays to shop and compare. Regulatory changes at the state level may have encouraged new companies to jump into the market, thereby increasing competition and reducing rates for consumers.2. Raise Your Deductible. A $200 deductible sounds wise until you learn that the cost for having a deductible at this threshold can drive your rates through the roof. Consider a deductible as high as $1000 to save on premiums. Yo...(related: Insurance)

A Life Insurance Quote Became Reality
Life insurance quoteThank goodness John took his life insurance quote seriously. It didn't prevent our daughters from wishing he were still here but thanks to his foresight they and I still have the things he worked for because he turned that life insurance quote into...(related: Insurance)

Home Insurance: Premium Protection In Case Mishap Takes A Rain Check
My whinstone house my castle is, I have my own four walls.This is truth for every home owner. Your home, your castle, your prized possession, your territory - which is certainly more than four walls. You would do anything to protect it against damage and injury. Damage and injury? Is that too dark a statement? Perhaps. But it is also very probable. Mis-happenings and accidents are things that don't have an allotted time slot. Nobody can calculate their coming and neither be prepared for it. You cannot be equipped to tackle them head on but you can certainly equip your self for the repercussions. Home insurance are practically formulated for the said purpose, something that is unlikely you have not heard about. It is also unlikely that you have...(related: Insurance)

Insurance: A Necessity For Peace Of Mind
There are many choices for insurance. Insurance is apolicy where you pay in a certain figure, that you do notusually get back, and pays out in the event of a certainsituation. The details vary according to the type ofcoverage.Health insurance was invented to help with your medicalcare. You will typically pay in a certain amount every monthcalled premiums and you may have invest a certain percentageon your presciptions and doctor's visits but the insuranceis created to help you with the costs. It will also helpyou in emergencies such as a broken bone...(related: Insurance)

Is An Hsa A Type Of Insurance?
A Health Savings Account (HSA) is not a type of health insurance. But that's an easy mistake to make!HSAs are closely associated to health insurance, although they do not provide any insurance benefits themselves.Think of an HSA as a special type of savings account. It's a savings account where:You can put money in and get a tax deduction.You can take money out anytime, as long as the money gets used for medical purposes.That's an HSA in a nutshell. But it's worth talking about a few more specifics.You need to get an HSA from a special HSA custodian. Any business that can create an Individual Retirement Account (IRA) can also create an HSA for you. That includes many banks, insurance agents and financial advisors....(related: Insurance)

Do Discount Fees For Medical Service Programs Really Work?
Having a health insurance policy provides a great sense of security for many families. Most people with health insurance usually have it through their employer and the employee and the employer may share the responsibility on paying the premium. Even though health insurance coverage provides a great benefit, it also provides a great fear that looms over our heads. The fear of not being able to afford health insurance or not having health insurance can provide great difficulty to many people.We can also see a trend that more people ...(related: Insurance)