PHILADELPHIA (KYW 1060) – Pennsylvania lawmakers may revisit the issue of how much minimum auto insurance coverage motorists are required to carry.
KYW’s Tony Romeo reports a bill in the Pennsylvania Senate would increase the required minimum auto insurance liability coverage for one person’s injury from $15,000 to $30,000 and would generally double other required minimums that have not been increased in decades.
Sam Marshall, president of the Insurance Federation of Pennsylvania, says his group is neutral on the proposal, but he says:
“We would ask that everybody be candid about it: with the added coverage will come added costs for people who buy the minimum amounts of coverage. That would be anywhere between 10 and 20 percent – probably closer to 15 to 20 percent.”
There are only a few days remaining in the senate’s two-year session, and a spokesman for senate majority Republicans says it’s unlikely the bill will be considered this session, but he says the bill does raise issues that deserve discussion.