Mr. Dent premiums N. Paychecks.
State-pilot supports Country-2. highest percentage of its income for motor insurance
Daria and Bruce Hansen Albuquerque this year and discovered what many New Mexicans already know: car insurance, greater bite of cheque settlement.
The Hansen Bellingham, Washington in January, a Ford Bronco, Honda CRX and a Suzuki Samurai. In the rear, without the slightest change in their insurance coverage, they saw their annual bill of $ 1620 for the three almost double.
“When we discovered how much they would be increased, decreased a little,” said Daria Hansen, including health care for the occupants of three vehicles.
The portion of income from New Mexico drivers spend on car insurance is tied second highest in the nation, according to data from the U.S. Department of Commerce and National Association of Insurance Commissioners.
But there is some good news.
State Farm, the largest auto insurer in New Mexico, announced a rate interface last week. And based on the rate of applications in 1998 so far, other companies’ premiums are leveling off or even declining, “said Chris Krahling, New Mexico’s Insurance Superintendent.
Despite these messages, auto insurance prices remain high, and voters expect that a campaign.
Dir Republican Gary Johnson and Diane Denish, the Democratic candidate for Lieutenant Governor, both say they have plans to reduce tax rates New Mexico by reducing the number of uninsured drivers on the road.
But experts can not give a single cause for high prices. They say high drunk driving, theft, uninsured drivers, and even all hail complicity.
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