There have been some very interested studies recently, launched by the government. In short, they show that people tend to drive less these days, and that they drive fewer miles when they do drive. This in turn leads to far less accidents and thus less injuries as well.
People are driving less because of the cost of gas, of course. Many of them are even turning to hybrid vehicles. Others are relying on methods of public transportation to get around. People are carpooling, they are starting to combine their trips — all of this leads to people spending a lot less time on the road.
You are probably still wondering how this creates a link between the high cost of gas and the low cost of premiums. Do not worry, we will be illuminating that link in the very next post.
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