Published on:

Rise in Uninsured Drivers Due to Economic Recession

According to a report from the Insurance Research Council, the number of uninsured drivers is expected to increase from 13% (in 2007) to a predicted 16% by 2010. The IRC attributes this steep rise to the economic downturn. With more and more people losing their jobs, they are forced to cut back on expenses such as car insurance.

The projected increase would be harmful to all motorists because it would increase the risk of car accidents with uninsured drivers. This means that when someone is involved in an accident where an uninsured motorist is at fault, they will not receive compensation for their damages. We recommend purchasing underinsured and uninsured motorist insurance to protect yourself and loved ones in the event of an accident.

In Chicago, many accidents involving uninsured motorists occur each day. The Chicago car accident lawyers of Levin & Perconti have represented hundreds of car accident victims in cases involving uninsured motorists and may be able to help you. Call 312-332-2872 for a free consultation with one of our attorneys.