How motorcycle helmet laws influence the insurance premiums?
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| Description | The effect of helmet laws on the insurance premium can be seen clearly in many states, especially in Michigan. After more than 40 years forcing motorbike riders to wear helmets while riding, this state decided to change its universal helmet laws to partial laws. The result is the insurance rates rose significantly. The helmet law can either decrease or increase the insurance premiums. First, this law can reduce medical costs. As a result, the insurance premiums go down. The CDC (the Centers for Disease) ‘s studies that compared multiple accidents with and without helmets showed that helmeted riders suffered fewer and less serious injuries than unhelmeted ones, so they have to paid less money for medical treatment. This is also the opinion of the National Highway Traffic Safety Administration (NHTSA).  Low medical cost means low insurance premiums. Since the medical cost is reduced, the motorcycle insurers decrease their premiums in states that have mandatory motorcycle helmet laws while in helmetless states, the premiums go higher. This helps to ensure their business does not suffer losses and bankruptcy. We update motorcycle-related news regularly, get in touch with HelmetsZone on Twitter at https://twitter.com/helmetszones Some states have repealed this law and left their citizens with higher insurance premiums. The Michigans feel satisfied when the government abolished the law, but angry when they have to pay more money to the insurers. They censured the insurance companies, but the insurers just do the thing they have to do. If the cost of your medical treatment is higher than the amount you pay them, their business will probably go bankrupt. In general, to reduce insurance premiums, you need to live in a country with a helmet law or buy a good motorcycle helmet to minimize the possibility of serious head injury. To views all quality two-wheeler helmets’ photos, you can visit HelmetsZone on Pinterest. |
| Created | 26 Jun 2020 |
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| Country | United States |
| Type | Other |
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| Founder | Hal West |
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