Philadelphia, PA (PressExposure) October 09, 2009 -- Recent studies show that more individuals are taking the risk to of driving without coverage and due to the current state of the economy it is expected that this trend will continue to grow. According to a study conducted by the Insurance Research Council (IRC), it is believed that one in six drivers will be operating their vehicles uninsured by 2010.
Many believe that the unemployment rate and number of uninsured motorists have a strong correlation. âAn increase in the number of uninsured motorists is an unfortunate consequence of the economic downturn and illustrates how virtually everyone is affected by recent economic developments," said Elizabeth A. Sprinkel, senior vice president of the IRC. âResponsible drivers who purchase insurance end up paying for injuries caused by uninsured drivers.â
There are a lot of repercussions that motorists can be faced with if they operate a vehicle without an auto insurance policy and it looks as though penalties may get harsher. By visiting [http://www.ins.state.pa.us/ins/cwp/view.asp?a=1274&Q=546437&PM=1#17] one will see that the Pennsylvania Department of Transportation will suspend a vehicleâs registration for failure to maintain coverage and if caught driving without proof of a policy, a person may have their license suspended as well. Worse yet, if involved an accident and found to be liable one would have to bear the expenses for the property damage and bodily injuries for themselves as well as any other parties involved.
However, the reasons why many are not covered are understandable. Many believe that they simply canât afford policies, while there are some who don't take the time to compare auto insurance quotes among multiple companies in order to find affordable coverage. By visiting http://www.onlineautoinsurance.com/policy/ consumers will have the ability to obtain the rates of various top notch insurers at a price that may fit their budget. Also available are helpful guides and tips that will assist consumers in getting the best deals possible and avoid taking the risk of driving uninsured.