Uninsured driving across America is rising
National rise creates added risk for all motorists.
The number of drivers who fail to take out insurance is on the increase, according to a recent study.
The Insurance Research Council’s (IRC) Uninsured Motorists, 2017 Edition found that nearly one in eight motorists in the US is driving around without cover.
This worrying rise follows a seven-year decline. The IRC analyzed the data collected from 14 insurers – a snapshot of approximately 60% of the private passenger auto insurance market in 2015.
The analysis found that nationally, 13% were driving uninsured in 2015 while 12.3% were driving without cover in 2010. It peaked at almost 15% in 2003.
Across America, there are 49 states that require auto insurance, yet many drivers choose not to. As a result, it’s potentially leaving insured drivers worse off.
When one of these uninsured drivers causes an accident, it’s the insured driver or their respective insurance company that is often left to pick up the pieces and foot the bill for the resulting damage and potential health costs.
But the number of uninsured drivers varies wildly depending on state. In Main, only 4.5% motorists have been found without insurance, the lowest across all states. In Florida, more than a quarter (26.7%) of motorists don’t have any insurance, the highest. After Florida, the other worst offenders in the study are Mississippi, New Mexico, Michigan and Tennessee.
The number of states seeing an increase in uninsured drivers has doubled from 2010 to 2015. While the national average is rising, some states have witnessed a significant decline.
Oklahoma saw the number of uninsured motorists fall to 10.5%, a 15.4% drop compared to 2012. Despite New Mexico dropping from almost 30% in 2006 to 20.8% in 2015, it is still one of the worst performing states.
With increasing numbers of uninsured motorists on the road, it’s a stark reminder for all drivers to seek out an appropriate level of cover.