The state of Colorado's 30 year-old no-fault auto insurance system expired on July 1, 2003. By 2007, a tort-based insurance system in Colorado saw auto insurance premiums go down by nearly 32%. Industry experts suggest the state's move from no-fault to tort-based insurance system resulted in less mandatory insurance and less duplication of coverages, which produced lower premiums.
More Insurance
More Insurance
No comments:
Post a Comment