Kansas set to join the growing number of states adopting the “no pay/no play” insurance law in an effort to reduce the number of uninsured drivers. States across the nation are enforcing new laws in an attempt to get drivers to obtain and keep insurance. The latest statistics show around 13 percent of Kansas drivers are uninsured. While not good, it is still lower than several states, including neighboring Oklahoma, whose uninsured drivers rank over 20 percent. The property and casualty insurers’ support the no pay/no play laws and feel…Read More
More and more people driving without insurance
The high unemployment rates and continuing poor economy have affected almost everyone across the United States. When people lose a job they start looking at where they can cut their bills to make ends meet. Unfortunately, sometimes their car insurance is one of the areas that get cut. The rate of uninsured drivers for 2010 hit 16.1 percent. Several states have amended previous insurance requirements, or changed the minimum amounts a driver is required to carry. Some states have changed coverage that was once mandatory, like underinsured motorist, and made…Read More
Hulk Hogan exposed…are you?
The former wrestling star, Terry Bollea aka Hulk Hogan, is learning the hard way about proper insurance coverage limits. Hogan’s son was involved in a car accident in 2007 resulting in serious injuries to his passenger, John Graziano. At the time of the incident the Hogan’s only had a limit of $250,000 bodily injury liability…no umbrella or excess liability. Totally exposed and unprotected, a second lawsuit for negligence has been filed on April 22, 2010, now attacking his personal assets. Many think this situation will never happen to them, plus not many have celebrity status,…Read More