Forum Discussion
colliehauler
Jan 26, 2020Explorer III
fj12ryder wrote:Talking to my insurance agent some of the new features actually increase the cost. Replacing the Windshield that has to have calibration of the camera can cost up to 3k on some models. Lots of factors involved in determining rates. Don't forget how much all this new technology has increased the price of a vehicle so replacement cost factors in as well.
"Wired" has an interesting article on auto insurance and safety electronics:
"“A lot of the developments so far have mixed results,” says Tom Karol, general counsel for the National Association of Mutual Insurance Companies. “It’s not really been proven out yet, in terms of benefits.” Which is why, according to the report, drivers who go for electronic stability control, which keeps cars from spinning out of control, save just $8 a year. Those who pay for blind spot warning, driver alertness monitoring, lane departure warning, night vision, or parking assistance systems save nothing at all."
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