Speeding Ticket

A study released this month provides evidence to what many drivers already suspected–the model of your car likely impacts your chances of getting a speeding ticket.   

 

The dreaded speeding ticket–it happens to everyone–but if you think it happens to some people more than others, you’re right.  In a study analyzing auto insurance claims, researchers found that the model of your car may be a factor when police decide to pull you over.

The car that gets the most speeding tickets is the Mercedes-Benz SL class.  Whether it’s out of curiosity on the part of the police officer wanting to take a closer look, or the driver who can’t help but to enjoy the car’s 382 horsepower, V-8 engine on a car with a purchase price of approximately $100,000…drivers of these cars get four times as many tickets as everyone else.   

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These other cars are also more likely to earn their owners a ticket:

  • Toyota Camry-Solara
  • Scion TC
  • Hummer H3 or H2
  • Scion XB
  • Mercedes-Benz CLS
  • Acura Integra
  • Pontiac Grand Prix
  • Mercedes-Benz CLK
  • Volkswagen GTI

One note-worthy aspect of this list – only two of these cars are made in Detroit and both have been discontinued!   

The least-ticketed cars include SUVs and more economically-friendly cars, such as the Buick Lacrosse, Mazda Tribute, Hyundai Tucson, and Oldsmobile Silhouette.   

This was the second annual study done Quality Planning, a Verisk Analytics company that validates policyholder information for auto insurers.  The study looks at vehicle types, their driver profiles, and the frequency of traffic violations.

Breaking Down the Retirement Risk

The retirement risk advisers think is most important for them to address is longevity.

In fact, 79% of advisers said the area of risk most important for them to focus on is longevity, according to the Cerulli Edge Retirement Edition, Third Quarter 2010. Sixteen percent of advisers thought this was somewhat important and 6% thought it was least important.   

The next most important area of risk is improper asset allocation; 77% chose that as the most important risk area to manage, 17% thought it was somewhat important, and 6% thought it was least important.

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From these findings–that longevity and improper asset allocation are the most important areas of risk that advisers feel they manage–Cerulli drew the conclusion that advisers will continue to have a growing interest in guaranteed income options as possible solutions.   

Other areas of risk that advisers see as being important to tackle are:

  • Maintaining desire lifestyle, 70%
  • Inflation/purchasing power, 69%
  • Healthcare costs, 65%
  • Sequence of market returns, 50%
  • Taxes, 48%
  • Estate considerations, 35%

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