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Philadelphia
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Click Here To Read Issue in Flippable Form Vol. I No. 63
Keeping You Posted With The Politics Of Philadelphia
September 23, 2010
Too Little Auto Insurance?
MINIMUM auto-insurance liability requirement hasn’t been increased in 19 years and has fallen way behind inflation, argued State Sen. Vincent Hughes (D-W. Phila.) at a Senate Policy Committee hearing in City Hall this morning on his pending legislation, SB 1460. So victims are getting stiffed now. Hughes’ bill would double this limit, to $60,000 for two or more persons. Hughes was joined by his colleague Daylin Leach (D-Montgomery), left.
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FAIR ENOUGH, responded witness Sam Marshall, testifying for Insurance Federation of Penna. But average minimum rates would go up 15%, he estimated. Lawmakers, he said, must balance risk to public from underinsured drivers, against risk bottom-end drivers would react by dropping all insurance and driving illegally.