By: Hemanth Ramesh December, 16, 2019

According to a report published by the National Highway Traffic Safety Administration (NHTSA), from 2008 to 2017, older male driver fatalities increased by 25%, compared to a 17% increase in older female driver fatalities.

An analysis by Gavop finds that female drivers over the age of 65 were less likely to cause accidents compared to male drivers over the age of 65. For female drivers over the age of 85, 12.41 crashes were reported per 100,000 licensed drivers compared to 34.30 crashes per 100,000 individuals. Compared to younger drivers, senior drivers are more likely to be killed in car crashes where the initial impact point is on the left side (17% vs 11%).

By: Gokul Menon November, 22, 2019

It is prudent to exercise caution before posting pictures of oneself smoking or chugging down alcohol now that the  New York State Department of Financial Services has authorized the usage of “external consumer data and information” to set premium rates, by life insurance companies in New York.

The New York State Department of Financial Services (NYSDFS) recently permitted life insurance companies to use social media posts of consumers to determine insurance premium rates.

By: Hemanth Ramesh November, 21, 2019

The Toyota Mirai, is a hydrogen fuel cell electric vehicle (HFCEV), with a range of 300 miles. While the Tesla Model 3 is a battery electric vehicle, the Mirai is still an electric car, driven by an electric motor, but instead of a battery, it has a hydrogen fuel cell. The car has a tank into which pressurized Hydrogen is pumped, like a petrol or diesel car. Hydrogen is then combined with Oxygen from the air in the fuel cell to generate electricity. It generates electricity on demand, as the driver presses the pedal for the electric motor that drives the car.  Newer car technologies have always struggled without an infrastructure that already exists. One reason for higher insurance premiums for such vehicles is because of expensive parts that are produced in limited quantities.

By: Hemanth Ramesh November, 15, 2019

According to the Emissions Database published by Boston University, trucks are one of the most significant sources of carbon emissions. 60% of the emissions in the U.S. come from 250 million passenger cars, SUVs and pickup trucks. According to data from the Environment Protection Agency, freight trucks contribute about 23% of the emissions in the U.S.

Transportation was also found to be one of the top sources of carbon emissions in the U.S., having surpassed electricity in 2017. With Tesla launching their two new fully-electric Semi Trucks and also planning to present the proposed “Cyber Truck,” will electric trucks be the way of the future?

By: Gokul Menon November, 05, 2019

As heavy winds continue to fan flames around Los Angeles, California, finds itself in the middle of yet another wildfire crisis. The last few years have been quite devastating for the residents of California, with repeated wildfires disrupting normal life. Research by Gavop has shown that 348,000 home insurance policies were not renewed due to wildfire risks between 2015 to 2018. Gavop’s research also found a widening gap between non-renewed home insurance policies in state responsibility areas (SRA) and non-state responsibility areas.