Tuesday, January 15, 2008

Britney Spears and Car Insurance Premiums

Did you know that people such as Britney Spears cause the cost of car insurance to rise? Consider the following thoughts.

Car insurance premiums (in part) are calculated using mathematical data including statistics on car accidents. Those statistics are simply a reflection of the driving incidents of people. People like me, you, Britney Spears and everyone else. However, some people have a greater impact on those statistics than others.

Do you remember when Britney Spears was involved in a rather serious auto incident? Those types of incidents are some of the most costly to insurance companies. Where do you think a car insurance company gets the money to pay for claims? From car insurance premiums which are usually spread out among all car insurance purchasers (pretty much every adult who owns a car).

So, next time you hear of someone like Britney Spears or anyone else doing something goofy like that – remember that it’s not so goofy when you realize it affects your bank account.

Car Insurance Snoop