While every state requires that drivers have proper, up to date Auto Insurance, the penalties and laws surrounding the insurance actually differ from state to state, and can even be regularly changed. While some folks believe that the changes to the existing laws are done to punish the driver, the reasoning is actually quite the opposite, with the end result actually intended at keeping insurance rates from spinning out of control in a rather shocking upwards trend.
Inexpensive Auto Insurance Quotes
At the moment there are 2 states that have either passed the change in law, or are contemplating doing so. If the changes do keep coverage rates in line, then that’s great news for those looking for inexpensive insurance quotes, as there will be more consistency across the board. The first regulation change is in the state of Oklahama, where, on November 1st, those people who drive with outdated insurance, or none at all, will not be able to collect any “pain and suffering” damages from an accident in which they were involved. On the flipside, drivers with insurance that is in compliance with state law, will be able to recover the costs of medical care, property damage and lost income, as long as they were not at fault in the accident. There are of course exceptions on both sides, which usually revolved around accidents where alcohol or drug use was at the root of the cause.
It’s a little bit of a different story in Michigan, where the state Senate is looking at passing a law that would allow consumers to set their own coverage amounts, which would essentially do away with the unlimited auto insurance catastrophic claims payouts which currently exist. The reasoning behind the law change is the same as mentioned earlier, as the feeling is that those huge payouts end up driving the costs of coverage way up, even for those with good or clean driving records. The argument continues to rage on the Senate floor, and with time running out in the current session, it’s tough to say whether or not the law will be passed anytime soon.
All of these changes are intended to protect both the consumer and the insurer, and as long as the law tweaks mean that we can still get inexpensive auto insurance quotes, then it’s all worth it in the end. The good news for the consumer is that it’s not just the best insurance companies that have to comply, but all of them, and that means that there shouldn’t be a huge disparity when it comes to getting Inexpensive auto insurance quotes. Still, the best way to get an idea of how much you can expect to pay, whether it’s for basic auto insurance, or commercial truck insurance, is to visit 2minuteautoquotes.com. Just a few mouse clicks and you’ll have a list of inexpensive auto insurance quotes at your fingertips, and with another couple of clicks, you can purchase and walk away with auto insurance for as little as $1 per day; now that’s what I call fair and equitable.
Inexpensive Auto Insurance Quotes