According to the September 8th press release on onlineprnews.com, submitted by insurance-auto-insurance-health-insurance.com, uninsured drivers are on the rise. In 2007 about 23% of motorists were driving uninsured but now that statistic is closer to 1/2 of all drivers who do not have auto insurance.
As unemployment rates increase so does the number of uninsured drivers. But all drivers are at risk on the road when so many do not carry insurance. A simple auto insurance policy can offer many benefits including property damage, personal injury protection, and many auto insurance companies also offer a term life insurance policy.
The average payout for a term life insurance policy offered from auto insurance companies is between $10,000 - $25,000. It’s usually paid in one lump sum to the next of kin. There is also uninsured motorist insurance which is crucial, now more than ever, since so many other drivers are uninsured. This type of protection covers you in case you are in an accident with someone who does not have auto insurance. There are many benefits from auto insurance policies. It’s just one more reason to ensure you are properly covered.