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.
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November 1st, those people who drive with outdated insurance, or none at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.
Inexpensive auto insurance quotes
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.
Inexpensive auto insurance quotes
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.