More El Pasoans Getting Car Insurance; Rates Still Rise
KFOX-TV—July 20th, 2010
Some insurance companies have cited uninsured motorists as one of the most popular reasons for higher insurance premiums.
But even though new data from the Texas Department of Insurance showed more Texans have car insurance, some insurance rates are still going up.
Soon after the launch of the TexasSure Vehicle Insurance Verification program in 2008, state officials said 24.28 percent of v registered vehicles in Texas did not have insurance. Department officials said as of June 2010 the number dropped to 21.65 percent of Texas drivers without auto insurance.
In El Paso, as of November 2009 115,553 or 21.57 percent of drivers did not have insurance compared to 103, 954 or 20.76 percent of uninsured motorists in June 2010, according to Texas Department of Insurance.
Two of the top five insurance providers have asked the Texas Department of Insurance to increase their rates.
Read More: KFOX-TV
