Legislators says a bill that would increase the minimum vehicle liability insurance may be a good idea, but some fear it would be onerous for the poor and indigent and result in more uninsured drivers on the road.
AB120 is sponsored by Assemblyman William Horne of Las Vegas, who was injured in an accident involving another driver with just minimum liability.
Horne says Nevada’s rates haven’t been changed in decades and don’t reflect the higher costs of medical care.
But the Las Vegas Review-Journal reports insurance industry representatives told the Assembly Transportation Committee that the bill would raise rates 18 percent to 54 percent, depending on the company, the driver’s age, location and driving record.
The bill was referred to a committee workshop.
Information from: Las Vegas Review-Journal
Topics Auto
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