Ohio Law Would Increase Auto Insurance Requirement

December 18, 2012

A new law approved by Ohio lawmakers would raise the minimum amount of car insurance motorists are required to carry.

WBNS-TV reports that both the Ohio House and Senate passed bills that would raise minimum coverages. For example, the state minimum for property damage coverage would jump from $7,500 to $25,000.

State Rep. Mark Okey, one of the sponsors of the House bill, says current limits are so low that they leave a lot of drivers vulnerable. He noted that no changes have been made to the minimum requirements since 1969, while the cost of cars and car repair has skyrocketed.

Okey acknowledges that it will lead to some people paying higher premiums, but he said the increased cost won’t be dramatic.

Topics Auto Ohio

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Latest Comments

  • December 20, 2012 at 1:27 pm
    Fair Playing Field says:
    "..there’s no guarantee that people would be getting higher UM protection just by having higher FR requirements" That's why I wrote that they "will also have _access_ to hig... read more
  • December 20, 2012 at 12:34 pm
    BWM says:
    UM is voluntary in Ohio, so there's no guarantee that people would be getting higher UM protection just by having higher FR requirements. Don't assume an increase FR requirem... read more
  • December 20, 2012 at 11:53 am
    Fair Playing Field says:
    Why do only one? Raise the FR minimum (to 20/50/10 or 20/50/25) so that those that do by minimum limits will not only be more adequately covered, but will also have access to ... read more

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