Notes
1. A complete discussion of these laws can be found in Fire, Casualty & Surety Bulletins, Personal Lines volume, Personal Auto section (Erlanger, KY: National Underwriter Company). Discussion of financial responsibility laws is based on this source.
2. The first two figures refer to bodily injury liability limits, and the third figure refers to property damage liability. The liability limits apply to each accident.
3. A recent study by the Insurance Research Council (IRC) estimated 12.6 percent of drivers were uninsured in 2012, despite mandatory insurance statutes. The percentage uninsured varied from 4 percent in Massachusetts to 26 percent in Oklahoma. “Uninsured Motorists, 2014 Edition,” Insurance Research Council, 2014.
4. “Uninsured ...
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