Every day, we get behind the wheels of our car and venture off to work, vacation, run errands, etc. Personally, there is an expectation that every car I see has at least the minimum limits of liability insurance but as you will note in the attached article, this is hardly the case. This is one reason why discussion with your clients on UM / UIM is so critical.
This is an excerpt from an article that appeared on insurancejournal.com on March 15th. The article includes the statistics for every state. How does your state compare?
“Nearly one in eight U.S. motorists is driving around uninsured and putting insured drivers at greater risk in the event of an auto accident, according to a study.
The study, directed by the Insurance Research Council (IRC) and co-sponsored by The Hanover Insurance Group, found that 13 percent of all U.S. motorists were uninsured in 2015, up from 12.3 percent in 2010, following a seven-year decline from a high of 14.9 percent in 2003.”