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More drivers are letting their car insurance lapse because of the sour economy, putting themselves and others at risk.

Adding to the problem is the fact that auto-insurance rates are rising again after a couple of years of flat or declining premiums.

Even in good times, many Americans drive without insurance. A study found that nearly 15% of drivers nationally were uninsured in 2004, up from about 13% in 1999.

In my opinion we need tougher laws to punish those irresponsible people who drive without insurance: perhaps confiscation of the cars.

 

Submitted: Dec 18, 2008    Views: 216    Comments: 0    Likes: 1   


View Article: http://online.wsj.com/article/SB122947388659212351.html


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