This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Is Your Car Too Small To Be Safe?

Indeed, the presence of pricey sports cars at the top of the “low injury claims” list seems to be yet another statistical oddity owing to the unusual usage patterns of such vehicles.

"We measure claim counts over insured vehicle years," explains Matt Moore, vice president of the Highway Loss Data Institute. "But if you think about trophy car like Corvettes, they tend to be owned by people with multiple vehicles, and they tend to be garaged more often."

So personal injury claims per vehicle are relatively low for sports cars, but not because those cars are safer in a crash or because their operators are safe drivers. Rather, they simply spend a lot less time on the road. Sorry speedsters, you don't really have a safer car going for you.

The Chevy Silverado 2500 and Jeep Grand Cherokee rank among safest to their own drivers and passengers. (The vehicles with the lowest level of PIP claims are the Porsche 911 2-door and Chevrolet Corvette 2-door. The Porsche, for example, is 68 percent less likely to have a PIP claim than the average vehicle. Isn't that odd? See sidebar at left.) The rest of the top 10 also are larger cars.

By contrast, the Toyota Yaris, Suzuki SX4, Chevrolet Aveo and other small or mini sized cars the bulk of the top 10 list of vehicles with the most claims for personal injury claims.

So word to the wise: The bigger the car, the less likely you are to get injured while driving it.

"The smaller the vehicle you're in, the more likely you are to hit something larger than you," explains Matt Moore, vice president of the Highway Loss Data Institute. "And if you do, you're more likely to be injured."

More trouble with small cars

What's not easily explained, though, is that smaller cars (like the Rio and Accent) likewise dominate the "bodily injury liability" category. Seven of the 10 models with the highest likelihood of causing injury to passengers in another vehicle are small or mini sized.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs