Are you looking for facts regarding auto insurance and vehicles in the USA in general? We’ve got you covered. However, if you’d like to learn specifics about auto insurance policies, contact Don Allred Insurance, which serves Burlington, NC, and beyond.
Facts About Cars and Auto Insurance
Despite popular belief, the Model T was not the world’s first car. However, the Model T was arguably the first car to become available to the masses, being both affordable and reliable (for the time). Further, the production improvements delivered by the Ford Motor Company would dramatically impact industrial production across industries.
Car insurance predates the Model T, which was launched in 1908. The first car insurance plan in the USA was issued in 1897 in Dayton, Ohio. In 1925, Massachusetts became the first state to mandate auto insurance. By the 1970s, auto insurance was a near-universal requirement in the United States.
It’s a good thing car insurance has been around for a long time and is so common. There are roughly 280 million cars in the United States, and over 90 percent of households have at least one car. The average person drives around 13,500 miles yearly, although many drive much further. Collectively, Americans drive more than 3 trillion miles per year.
It’s estimated that there are more than 6 million car accidents per year. Unfortunately, research published by the Centers for Disease Control (CDC) has found that more than 3.4 million people are sent to the hospital, and more than 35,000 people die due to auto accidents per year. These accidents also cause billions in property damage.
Fortunately, Americans can now access various car insurance plans to mitigate risks. Contact Don Allred Insurance to explore policy options if you’re looking for car insurance in Burlington, NC.