Among the unforeseen problems resulting from the recession is an increase in the amount of motorists on the road without any insurance.<\/p>\n
That’s according to a new study from the Insurance Research Council which predicts a sharp increase in the amount of uninsured drivers from 13.8 percent in 2007 to 16.1 percent by 2010.<\/p>\n
The increase in people without insurance could affect insured drivers, as they are likely to see rates increase or could be forced to have more coverage.<\/p>\n
“Most people who are insured have uninsured motorists coverage and that protects them in the event they are hit by someone who doesn’t have insurance,” said IRC spokesperson David Corum. “So obviously, that does increase the cost of insurance for those who are insured.”
\nOf states with the most insured drivers, New York ranked fourth with only 5 percent of the state’s motorists being uninsured.<\/p>\n
The study found a correlation between the number of uninsured drivers in the country and the national unemployment rate and expects uninsured drivers to increase as the number of unemployed rises.<\/p>\n
In addition to New York, states in the Northeast had a fairly low uninsured driver rate with Pennsylvania coming in seventh, New Jersey 11th, Connecticut 16th, Delaware ranking 18th and Maryland 27th.<\/p>\n
Find New York Used Cars<\/a> with New Jersey State Auto<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Among the unforeseen problems resulting from the recession is an increase in the amount of motorists on the road without any insurance. That’s according to a new study from the Insurance Research Council which predicts a sharp increase in the amount of uninsured drivers from 13.8 percent in 2007 to 16.1 percent by 2010. The […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"yoast_head":"\n