[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Vapers seek relief ... by turning to cigarettes

Same Gov’t Who’s Now Banning Flavored E-Cigs, Approved Candy-Flavored Amphetamines for Kids

Remember the Vallejo Cop Who Tackled a Veteran for Filming Him?

Blood, Delusions, and Corruption in the American West

Will Justin Amash Run for President as a Libertarian in 2020?

Ken Burns Delves into the Hardscrabble History of Country Music

"Remain in Mexico" immigration hearings begin in tents at border

Black Race Huslter Deray Accuses White Race Grifter Shaun King of Fleecing Donors, Demand He Stop His "Fundraising" Scams

Are Comedians Finally Fighting Back Against the Far Left’s Cultural Clampdown?

Pete Buttigieg’s Association With the Abortionist Who Stockpiled Baby Corpses in His Home Is Hardly Surprising

Elizabeth Warren’s Social Security Proposal Doesn’t Go Far Enough: It’s Time For A Basic (Retirement) Income

The CIA’s Influence Over the Media: Use of the Conspiracy Theorist Slur

Pete Buttigieg Chides Gun Owners Who Have ‘Sense of Manhood’ Wrapped Up in Guns

Is Vaping Marijuana Safe? Deaths and Lung Disease Linked to E-Cigs Call That Into Question

DOJ Inspector General Has Completed FISA Abuse Probe

Ohio gamer sentenced to 15 months prison in 'swatting' case

Court: FBI Must Destroy Memos Calling Antiwar.com a Threat

Trump administration enters new phase for border wall, sets ambitious timetable after securing land

Eddie Money, ‘Two Tickets to Paradise’ singer, dead at 70

Eighth Illegal Alien Charged with Rape in Same Maryland Sanctuary County

Free (with ads) Movie "The Wrecking Crew"

Judicial Watch Sued To Get Footage of The ‘Plane’ Hitting The Pentagon On 9/11 (Video)

Webb Wilder & The Beatnecks - Baby Please Don't Go

95 Percent of Americans Believe the Media is Full of Shit

Orange County deputy accidentally shoots himself while training

9/11 Solidified the Destruction of Our Freedom

The Orange Car Guy

AGW is “Paid to Find Out Who’s in Town”

Witness: Girls as young as 11 visited Jeffrey EpsteinÂ’s island in 2018

Christine Blasey Ford's Father Privately Supported Brett Kavanaught's Confirmation

'Way Too Far To The Left': Obama’s Homeland Security Secretary Skewers Democrats On Immigration

Biden Tried to Buy Putin’s Support for Iraq War With Promise of Oil Money

Clown World: Canadian Cancer Society Claims Men Without Cervixes Can Get Cervical Cancer

Revealed: You Know How Rush Limbaugh Talks About "Seminar Callers"? Turns Out They're Real -- Employed by a Joint Clinton-DNC Effort

Don’t look now, but there’s more border wall news

Psychedelic Science Just Got a Big Boost

The Bill of Rights Turns 230, and What Do We Have to Show for It? Nothing Good

Trump Replaces Bolton with Fringe Neocon

When Booze Was Banned but Pot Was Not

The 911 Commission Report: A 571-Page Lie

More Americans Questioning Official 9/11 Story As New Evidence Contradicts Official Narrative

Gun Registration is Gun Confiscation – Updated 2019 Edition

10 Reasons Why You Should Be Questioning the ‘Official’ Story on 9/11

Supreme Court Slaps Down Rogue Ninth Circuit Judge and Gives President Trump a Huge Win On Asylum

Hijackers Surprised To Find Selves In Hell

Trump-shaped 9th Circuit hands White House major win on asylum policy

Something Strange Is Going On With All Those Retiring Texans

BRACE YOURSELVES: EATING WITH FORKS IS EUROCENTRIC RACISM

SHOW OF FAITH Ashura festival sees children left covered in blood as devout Muslims use knives to slice their heads open

Least Masculine Society In Human History Decides Masculinity Is A Growing Threat


Status: Not Logged In; Sign In

United States News
See other United States News Articles

Title: Insurance Companies Make $1000 For Each Speed Camera Ticket
Source: Gov't Slaves
URL Source: https://governmentslaves.news/2019/ ... -for-each-speed-camera-ticket/
Published: May 17, 2019
Author: Government Slaves
Post Date: 2019-05-18 05:13:34 by Deckard
Keywords: None
Views: 75

Neither the cities that have traffic cameras nor the private companies that operate them are the biggest financial beneficiaries of photo enforcement. In states like Arizona and California where automated citations carry points against the recipient’s driver’s license, insurance companies are generating four times more revenue from photo tickets than California and Arizona cities.

The Zebra, an online car insurance cost comparison website, analyzed insurance rates for 61 million policies from 650 insurance companies nationwide over the last eight years. The company distilled its findings on 43,500 potential ratings factors into an annual report on the state of automobile insurance. The latest report calculates that insurance companies are pocketing $1000 in additional profit for every photo citation issued in states where such tickets carry license points.

The Zebra found that different types of traffic violations carry varying levels of impact on the cost of insurance. For instance, insurance companies on average collect an extra 6.7 percent, or $293, from drivers who are involved in an accident caused by another motorist. An at-fault accident costs $1851 — a 42 percent premium hike. Being issued a ticket for using a cell phone behind the wheel can cost $864, and a drunk driving conviction will boost rates $3,258 over three years — an increase of 74 percent.

Receiving a red light camera ticket in states like California and Arizona raises an individual’s insurance premium by $999 over three years. A speed camera ticket in Arizona, likewise, carries an extra cost of $1024. This is only part of the total cost for California drivers, who are also on the hook for each $490 ticket. While California has the nation’s highest photo ticket cost, the cities do not pocket anywhere near $490 per ticket, as profits are split with the county government and the for-profit camera vendor. The insurance companies face no such costs, and the companies do not provide any additional services for the added premium.

The amount of revenue being generated is substantial. Last year, Scottsdale, Arizona’s speed camera vendor issued 41,961 tickets worth $43 million in profit to the insurance industry. Using figures from the California Judicial Council obtained by HighwayRobbery.net, 1,510,705 red light camera tickets were issued statewide between 2013 and 2017. That represents $1.5 billion in added profit to AAA, State Farm, Geico, Allstate, Progressive and other insurance firms over five years. That is a far more significant take than the $740,245,450 split between the camera companies and local governments over the same period.

The insurance industry has spent millions promoting the use of red light cameras and speed cameras nationwide. The first and most vocal advocate of automated ticketing has been the insurance industry’s lobbying arm, the Insurance Institute for Highway Safety (IIHS), which created the very first studies used as a justification for the installation of cameras.

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com