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Alabama Could Hike Minimum Auto Liability Limits This Week

Southeast News • June 4, 2007
Eight years after making auto liability insurance mandatory, the Alabama Legislature could decide this week to increase the amount of insurance that motorists must buy. The proposal — $25,000 in ...

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Subject: Barely Adequate

Posted On: June 4, 2007, 2:52 pm CDT
Posted By: RICARDO
Comment:
The minimum auto liability limit in Europe is one million Euros. 25/50/25
is not enough insurance at todays prices & plaintiff attorneys are only interested
in contingency fees 40% higher then in Europe. The insurance industry remarks are
weak and specious. A Half Million minimum
liability nationally and a maximum contingency percentage of 12% are responsible goals. Since all or most of our represantatives are attorneys, God help us for any reform. This action is
about as watered down as one can get
but consider the source, attorneys.
Subject Posted By Posted On
Minimum Auto Liability Limits Temblor
Jun 4, 2007, 4:22 pm
Barely Adequate RICARDO
Jun 4, 2007, 2:52 pm
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