Dealing with Uninsured Drivers
Posted on May 3, 2017 in Insurance Regulation | Comments Off on Dealing with Uninsured Drivers
The problem of uninsured motorists is one that has plagued states and insurers since the first financial responsibility laws were enacted. States have attempted to address this problem through legislation and enforcement, but those actions have had limited success. For example, one research study indicates that “no pay, no play” laws banning uninsured drivers from suing for non-economic damages after an auto accident have decreased the percentage of uninsured drivers by less than 2%. Some states now use electronic and online verification systems to identify uninsured drivers, whether on a regular basis or at specific points such as during a traffic stop.
