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The Dangers and Costs of Speeding

The Dangers and Costs of Speeding

According to the National Highway Traffic Safety Administration, speeding is a factor in nearly one-third of all traffic fatalities. In 2017 alone, 9,717 people were killed in speeding-related crashes. Speeding is not only dangerous, but it can also be very costly.

 

Tickets and Insurance

Speeding ticket fees range anywhere from a few hundred to a few thousand dollars, depending on your state, the infraction, and the requirement to attend traffic school. Traffic school can be a time-consuming and costly endeavor. Speeding tickets and points also increase your auto insurance and can even result in a suspended or revoked license. Your insurance rates will most likely increase. The amount depends on various factors, such as your state, the speeding limit, and your insurance company. 

 

Accident Costs

And then there's the high cost of auto accidents - car damages, legal and medical expenses. According to the National Highway Traffic Safety Administration, the average cost of repairing a car that's been in a speeding-related accident is $6,384. That's more than double the average repair cost of $3,067 for all accidents. And if you're driving a luxury vehicle or a newer car, the repair costs can be even higher. The average medical cost per driver for speeding-related accidents is $10,849. This figure does not include the costs of property damage or lost wages.

 

The bottom line is that speeding is dangerous and expensive. So next time you're tempted to speed, remember that it's not just a ticket you're risking.

 

 

Slow Down with OtoZen

 

 

We designed this distraction-free feature to work without the need for you to interact with your phone while driving. The audio alert functions even when your phone is in locked mode, safely tucked away in your bag, your pocket, back seat, etc.

Here’s how the speeding alert feature works:

  1. You set up two speeding thresholds in your OtoZen app based on the speed: one for speeds under 50 mph and the other for speeds over 50 mph.

    For example, on roads that have a 50 mph speed limit or less, you might choose to be alerted when your speed reaches 7 mph over the speed limit. For speed limits over 50 mph, you might set OtoZen to alert you when you reach 12 mph above the speed limit.

  1. Using smart technology, OtoZen monitors your driving speed against the road you’re currently driving on and alerts you with a gentle audio beep broadcast over your car speakers (if connected to Bluetooth) or through the speakers of your phone. (Speed warning tone will be heard over music, podcasts, FM/AM radio, or even if the speaker is off.)
  1. Aware of your increased speed, you slow down, avoiding dangerous accidents and all the costs associated with speeding. And let’s not forget the benefit of what we like to call ‘zen driving’ You feel more confident and at ease behind the wheel. Whether you’re a new or experienced driver, friends and family can have the peace of mind and safety of knowing they don’t need to remind you to slow down.

The Power of Zen Driving

When used alongside insurance apps designed to reward you with ‘good driver discounts’, OtoZen also helps you maintain the scores you need to save money on your insurance, not to mention improved gas mileage when you avoid speeding.

Ready to bring the ‘zen driving’ experience to your car? Download the OtoZen app for free today and start realizing the benefits of our speeding alert feature and much more.