A check list of the last 30 days in car insurance news headlines for the U.S.

Car Insurance News HeadlinesIt looks like 2011 is going to be the year for several states to make all out changes to laws relating to car insurance requirements. Some of the states involved in making changes to existing legislation, are; New York, Oklahoma, and Nebraska. 

Also, in the car insurance news headlines…several states have decided to raise the minimum liability coverage required. Texas, for instance, has raised the minimum liability limits to 30/60/25. This means $30,000 for each injured person, up to $60,000 per accident. Property damage is staying at $25,000 per accident. This is part of a two step increase that passed in 2007. The first increase was implemented in 2008.

Other states that are also increasing minimum liability requirements are; California, New York and Massachusetts.  Some of the states are raising commercial and personal rate limits, others may be only raising corporate liability limits. Additionally, states like Wisconsin, are trying to get the state Senate to pass a bill lowering the liability limits. In 2009, the Democratic Party ran the Legislature and passed a law raising the minimum coverage amount for liability.  

States like Oklahoma and Montana are looking at passing a law to prevent some drivers from receiving compensation from an auto accident; pain and suffering associated with personal injury would not be an option for uninsured drivers.

An analysis that was recently done stated that the average American would spend over 86 thousand dollars over their lifetime for car insurance. To put that number in perspective; four years of college would cost around $31, 000, and an average home in central Florida would cost about $84,000.

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