Many factors affect the rising premium of car insurance. One of these factors is the emergence of modern designed cars. Advancement in technology has enabled manufacturers to design cars that would provide maximum protection to its occupants. This in turn translates to higher repair costs since the vehicle absorbs most of the damage on impact.
The advancement in safety precautions in modern car designs have translated to higher premium rates for policyholders. However, taking into account that you can never put a price tag on safety, the increase may well be worth it. After all, the reason in having insurance in the first place is for protection.
