Technology Plays Important Role in Safer Vehicles

A recent report by the nation's insurance commissioners has found that auto insurance rates in many states have fallen, benefiting many drivers at a time when many of them are in particular need of saving some money.

However, people may not always be clear on why their insurance rates have fallen in the past couple of years. There are actually a number of reasons, from lower auto theft and road fatality rates to improved vehicle technologies.

For example, TRW Automotive Holdings, a company that provides various safety and electronic technologies for many leading automakers, recently announced that its products are used in 21 of the 27 vehicle models recently named top safety picks by the Insurance Institute for Highway Safety.

According to the company, some advanced technologies helping to keep more drivers safe include airbags that are now found on the side of a vehicle, as well as knee-level ones and so-called "curtain" airbags which can protect up to three rows of passengers during a rollover accident. Other such advances are said to include electronic stability control and advanced sensor technologies.

Improved technology has also played a great role this decade in reducing nationwide theft rates, which has further benefited auto insurance customers in the form of lower premiums.

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