As unemployment increases and the state of the economy continues, more people are expected to drop their auto insurance coverage to save money. This is found in the article “More Motorists Expected To Drive Without an Auto Insurance Policy” by John Pirro on live-pr.com.
The article also states that many experts see a correlation between unemployment rates and the number of people driving without auto insurance protection. According to a study from the Insurance Research Council, about one in every six drivers will be driving without auto insurance by 2010. The more people who drive without protection, the more expensive auto insurance policies will become for the insured.
The consequences for driving uninsured are getting stricter. For example, the Pennsylvania Department of Transportation will suspend a driver’s vehicle registration if they are caught without proof of auto insurance. Many of these people driving around without insurance believe they can't afford the month to month cost of carrying protection. Unfortunately, getting caught without insurance or getting get an accident uninsured can end up costing you a lot more money.
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