Some motorists are worried.
Well, you can breathe easy, because that just won't happen. According to Western Insurance Information Service, increased speed limits can't have an immediate effect on auto insurance premiums, because insurers base premiums on claims experience. Regardless of how well or poorly motorists handle increased speeds, it's important to remember that insurers also use numerous other factors to calculate an auto insurance premium. If motorists aren't able to drive safely at higher speeds, the effect of increased speed limits will become a factor insurers have to consider when calculating auto insurance premiums. However, it's important to note that if speed-related traffic crashes were to increase in Provo, Utah, insurance premiums in only that area could be affected, provided no trends were detected statewide.