The Padded License Plate Screw is a front license plate frame that is designed to pad the license plate and the protruding fasteners (bolts/screws) from causing damage to an opposing rear bumper during a low impact auto collision.
Approximately 8 million bumpers are replaced annually in the U.S. The cost to repair or replace common rear bumper covers may range from $300 to $1500 depending on make/model. Rear collisions are the most common auto accident and 75% of rear end collisions occur less than 10 mph. Typically, your auto insurance premium will increase up to 40%, even for a minor at fault accident.
This product can help reduce the ecological impact created by disposal of the bumpers and paint emmissions during repair or replacement. This product can be color dyed, painted, or stenciled for marketing promotion of a business or organization. This product can be made from recyleable rubber products.
Some interesting stats on why this product is needed in the US marketplace:
30% of drivers feel it's OK to "love tap" your bumper when parallel parking.
14% of all claims for auto damage involve parking lot conditions.
79% of consumers claim their bumpers were damaged in a parking garage.
every 17 seconds – a reported rear end collision occurs.
every 8.5 seconds – an unreported rear end collision occurs.
35 minutes – the average time you'll spend at the accident scene filling out forms.
78 minutes – the average additional time you'll spend filling out forms after your accident.
4 hours – the average time you'll spend getting repair estimates.
2 days – the average time without your car.
26% – the percent of uninsured drivers in Mississippi – 25% in California and Alabama – 24% in New Mexico – 22% in Arizona.