Study looks at "no pay, no play" laws

12/5/2012 | PropertyCasualty360

States may experience a decline of up to 1.6% in their rates of uninsured drivers after implementing "no pay, no play" laws, according to an Insurance Research Council study. Such laws bar uninsured motorists from receiving damages from negligent drivers who have auto coverage, according to the International Risk Management Institute. "This report, which also develops cost estimates for states that do not have no-pay, no-play laws on the books, highlights the benefits a strict law may provide to the average insured consumer," said Elizabeth Sprinkel of the Insurance Research Council.

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