With more and more drivers cutting financial corners these days, one of the growing concerns on the road is uninsured drivers. Your PA dealers want to bring your attention to a study conducted by the Insurance Research Council that estimates that the number of uninsured drivers continues to rise as the unemployment rises in the nation. In fact, by the year 2010, the researchers expect about 16 percent of the driving population will be driving without insurance.
“If the unemployment rate goes up by 1 percent,” said David Corum of the Pennsylvania-based group, “we would anticipate that the percentage of people who are uninsured would go up by three-fourths of 1 percent.”
The researchers from the group also looked at 20 years of data that showed the same phenomenon. However, consumer advocates are hopeful that we can stop the trend since we know it is happening. California, for instance, has a pilot program that offers low-cost auto insurance for low-income drivers. A family of four, for instance, that earns less than $53,000 each year can get a basic insurance policy for less than $400 a year.
With the increasing number of uninsured drivers on the roads, it’s a good idea to carry full coverage on your new or certified car from your Pottstown area Honda dealer. That way you have a better chance of being financially compensated if you have an accident with an uninsured or underinsured driver. It’s just extra protection for yourself and your family.