All of us who contend with the traffic snarls in an around St. John’s would probably agree that traffic today is substantially worse than it was 5 years ago. We recently discovered one reason why.
The number of motor vehicle registrations in Newfoundland and Labrador in 2007 was 417,903. In 2012, the last year for which the statistics are available, the number of registrations was 568,487.
The statistics below were provided by the Department of Transportation. This represents a 36% increase over a 5 year period.
In the same 5 year period, the total number of collisions went from 7212 to 9474 – a 31% increase over 5 years.
Injuries increased from 2037 island wide, to 2799 – a 27% increase in the number of motor vehicle accident injuries in the 5 year period to 2012. Obviously, more vehicles on the roads spells more collisions and more injuries.
More vehicle registrations means more premium income for insurance companies, so maybe this keeps up with the payouts for accidents and injuries. Or will there be a premium increase around the corner?