More Car Owners becoming uninsured

Economic downturn driving more motorists to the ranks of uninsured

“Approximately one in six drivers across the U.S. 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 research group says the recent economic downturn is expected to trigger a sharp rise in the uninsured motorist rate.

The study, Uninsured Motorists, 2008 Edition, estimates the percentage of uninsured drivers countrywide and by state for the period 2005 to 2007……” more uninsured motorists

More Car Owners becoming uninsured More Car Owners becoming uninsured Reviewed by Kelly Miller on January 21, 2009 Rating: 5

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