NAMIC Fights Increased Liability Mandates

The National Association of Mutual Insurance Companies (NAMIC) is speaking out against a plan by Wisconsin Gov. Jim Doyle to raise the amount of liability coverage drivers in the state need to carry.

NAMIC says low- and middle-income drivers in the state would bear the brunt of the governor’s proposal by paying higher insurance premiums. Specifically, the plan would raise the current liability limits of $25,000 for each person, $50,000 for each accident, and $10,000 for property damage per accident to $100,000, $300,000 and $25,000.

“The changes would translate to increases of 40% or more in auto insurance premiums,” says Mark Johnston, Midwest state affairs manager for NAMIC. “This would especially impact low- and middle-income families, since many of those with higher incomes already choose the higher coverage levels and, therefore, would not be impacted as severely."