1 in 6
That is how many drivers will be driving uninsured within the next year according to an industry funded research group. The other thing in the article that I find interesting is the following:
The National Association of Insurance Commissioners, which represents insurance regulators in all 50 states, said most Americans were woefully uninformed about what was covered by their auto policies.
A quarter of Americans rarely or never review their policies, the association reported in a survey, while three-fifths review their coverage only when they file a claim or renew their policies. As a result, tens of millions of Americans are driving around with policies that don’t reflect major changes in their incomes and family situations, it said.
Insurance policies are complicated, and we all have the responsibility to review our insurance and tell our insurance agent of any changes, but isn't one of the main jobs of the agent, to explain coverage?
Be sure and get as much uninsured and under insured coverage as you can afford. I am always surprised when an injured client says their insurance agent never discussed it with them before the accident. Unfortunately, I hear it far too often.
