Money is tight for most Americans. The tighter things get, more people look for ways to free up spending cash. Insurance is one of the ways that as many as 16% or drivers are skimping on.
A recent study done by Harris Interactive revealed that 16% of American drivers say they have driven without any form of auto insurance. About half of those drivers said that they could not afford their premiums, so they dropped coverage. Harris Interactive broke the numbers down like this:
- 28% of American males aged 18 to 34 and 45 to 54 led the list in terms of driving without insurance.
- The percentage of women who drove without insurance is about half that of men.
- 15% of women aged 18 to 34 said they have driven without insurance.
The poll, taken in February of 2011, queried 2,366 drivers aged 18 and older. The rising number of uninsured motorists is a sign that despite a recovering economy, there is still a cash-strapped portion of the American consumer base. For those who can afford coverage, we recommend now more than ever that you add uninsured/underinsured motorist coverage (UM/UIM) to your options when you next get a car insurance quote online. After all, more drivers than ever are driving without insurance, and you don’t want to find yourself on the hook for damages to you or your vehicle caused by someone driving uninsured.