Uninsured Motorists, January 2009. Approximately one in six drivers across the United States may be driving uninsured by 2010, according to a recent study from Insurance Research Council (IRC). Although the estimated percentage of uninsured motorists decreased nationally, from 14.9 percent in 2003 to 13.8 percent in 2007, the recent economic downturn is expected to trigger a sharp rise in the uninsured motorist rate.
Unfortunately, when people lose their jobs, or their money gets tight, their automobile liability coverage may lapse, but they may continue to drive uninsured. Now is a good time to review your coverage to include uninsured/underinsured motorist coverage.
Friday, June 12, 2009
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