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Speeding is the leading cause of fatal car crashes in the U.S., ValuePenguin.com Study Finds

Published: 2019-07-16 16:00:00 ET

NEW YORK, July 16, 2019 /PRNewswire/ -- Speeding has resulted in more fatal car crashes than driving under the influence or distracted driving, according to a new ValuePenguin.com study, which also found that speeding accounted for 22 percent of all fatal accidents in the U.S.

Speeding has also consistently ranked as one of the top five factors for fatal crashes as far back as data is available, and is the leading cause of fatal crashes in 34 states and Washington, D.C. In 17 states and Washington, D.C., over 20 percent of fatal accidents were caused by speeding.

Key Findings:

Where are drivers most likely to be in a speeding-induced fatal accident? In Washington, D.C., 40 percent of all auto accidents were attributed to speeding, nearly double the nationwide average. New Hampshire, Rhode Island, Hawaii and South Carolina also reported approximately 30 percent or more of their fatal crashes resulted from driving too fast for conditions or in excess of posted limit.
States in the southeast were less likely to see fatal accidents caused by speeding. In Georgia, Florida, Tennessee and Mississippi, fatal accidents were least likely to be caused by speeding. In all aforementioned states, 10 percent or fewer fatal accidents were speeding induced. Strangely enough, in Mississippi, the state with the lowest rate of speeding-related fatal crashes, failing to yield to the right of way was the most prevalent cause of fatal crashes.
A moving violation ticket will cost drivers more than just the fine: Over 125,000 people receive speeding tickets every day across the U.S. The millions of drivers who get a speeding ticket this year will see the impact of their reckless driving on auto insurance rates for an average of three years, and potentially longer if the driver already has a violation on their driving record. A single speeding ticket can increase auto insurance premiums by as much as 25 percent.

ValuePenguin's ranking of states with the highest rate of fatal accidents due to speeding was determined by taking the percentage of fatal car accidents in a given state, as categorized by the National Highway Traffic Safety Administration (NHTSA), and comparing that to the number attributed to driving too fast for conditions or in excess of posted limit.

To view the full report, visit: https://www.valuepenguin.com/2019/07/speeding-leading-cause-fatal-car-crashes-us

About ValuePenguin.com: ValuePenguin.com, part of LendingTree (NASDAQ: TREE), is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page or follow us on Twitter @ValuePenguin.

About LendingTree: LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network, and notifies consumers when there is an opportunity to save money. In short, LendingTree's purpose is to help simplify financial decisions for life's meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree.

MEDIA CONTACT:Divya Sangam- Media Relationsdivya@valuepenguin.com

View original content:http://www.prnewswire.com/news-releases/speeding-is-the-leading-cause-of-fatal-car-crashes-in-the-us-valuepenguincom-study-finds-300885799.html

SOURCE ValuePenguin.com

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.