The number of motorists without auto insurance is increasing, particularly in five states. Almost one in every eight Americans on the road are a part of the current uninsured driver rate, said a new study. This trend is placing insured drivers at an increased financial risk in the case of a collision, said the research. The research was based on the latest information available regarding auto insurance coverage. The Hanover Insurance Group co-sponsored the research. The Insurance Research Council (IRC) directed the study. Thirteen percent of all American motorists were…
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Auto insurance lacking in over one third of drivers in India
Research has estimated that up to 35 percent of vehicles on Indian roads are not covered by a policy. A shocking auto insurance news release from Mumbai has revealed that an estimated 35 percent of cars on the roads of India are not carrying the third party liability coverage that is required by law. Moreover, over two thirds of two-wheeled vehicles are not covered by a legally required policy. This data was provided following an analysis performed by auto insurance companies in the country. What is possibly even worse is…
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