If you’re considering your small business insurance options, you might want to spare a thought for your motor vehicle.
Roy Morgan Research, the largest independent research company in Australia, has just released some facts and figures about the number of motor vehicle accidents that take place on Australia’s roads.
In the past five years, the number of motorists involved in motor vehicle accidents has increased by a significant amount, from 18.7 per cent in 2008 to 19.6 per cent in 2013.
This has been matched by a jump in the number of motorists on Australia’s roads. In 2008, there were 14.1 million motorists; this has climbed to an astounding 15.5 million in 2013.
The reason for this growth, explained Jordan Pakes, Account Director (Automotive) at Roy Morgan Research, is the ageing population.
There are more motorists aged 50 and over than ever before, and motorists in their 40s are responsible for the majority of motor vehicles on Australia’s roads.
However, it’s not these age groups that Australians should be worrying about, said Mr Pakes.
It’s motorists in their 20s that are involved in the most motor vehicle accidents, with young women being more accident-prone than young men.
Roy Morgan Research also demonstrated that Tasmania has the largest number of motor vehicle accidents in Australia, with 20.9 per cent of motorists admitting to being involved in one over the past five years.
Tasmania was followed by Victoria, with 20.6 per cent, and Queensland, with 20.3 per cent.
“Obviously, this rising rate of traffic accidents is cause for concern, and suggests that government campaigns promoting safe driving are not reaching the right audiences,” said Mr Pakes.
MGA Insurance Brokers can offer you advice about the motor vehicle insurance that’s available, as well as provide you with a no-obligation quote.