New law may mean higher insurance premiums - 13abc.com Toledo (OH) News, Weather and Sports

New law may mean higher insurance premiums

COLUMBUS, Ohio (AP) - 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 Thursday 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, 1 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.

 

 

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Regional

  • Wednesday, June 19 2013 11:27 AM EDT2013-06-19 15:27:51 GMT
    A woman told authorities she was held captive for more than a year by three people who forced her to do housework, raided her bank account and menaced her with snakes and pit bulls.    But an attorney
    A woman told authorities she was held captive for more than a year by three people who forced her to do housework, raided her bank account and menaced her with snakes and pit bulls.
  • Wednesday, June 19 2013 6:51 AM EDT2013-06-19 10:51:06 GMT
    Three brothers from Morceni disappeared more than 2 and a half years ago. Tonight their case is getting national attention on a new John Walsh show. Alexander, Andrew and Tanner Skelton's story will
    Three brothers from Morceni disappeared more than 2 and a half years ago. Now their case is getting national attention on a new John Walsh show. Alexander, Andrew and Tanner Skelton's story will be part of a new series call John Walsh Investigates. The episode airs Wednesday night at nine.
  • Wednesday, June 19 2013 6:39 AM EDT2013-06-19 10:39:48 GMT
    EAST LANSING, Mich. (AP) - Michigan State University is proposing to charge juniors and seniors more than other undergraduate students. Trustees on Friday will consider raising tuition by 3.6 percent
    Michigan State University is proposing to charge juniors and seniors more than other undergraduate students. Trustees on Friday will consider raising tuition by 3.6 percent for juniors and seniors but only 1.9 percent for freshmen and sophomores.
  • Top Stories

  • Wednesday, June 19 2013 10:46 AM EDT2013-06-19 14:46:06 GMT
    Carroll Township Police have located 69 year old Mary Klosinski. Klosinki has dementia and has had a stroke in the past. She was missing since 1:00 a.m Tuesday, from her home in the Teal Bend condominium
    Carroll Township Police have located 69 year old Mary Klosinski. Klosinki has dementia and has had a stroke in the past. She was missing since 1:00 a.m Tuesday, from her home in the Teal Bend condominium
  • Wednesday, June 19 2013 9:10 AM EDT2013-06-19 13:10:57 GMT
    BERLIN (AP) - Trying to tamp down concerns about government over-reach, President Barack Obama on Wednesday defended U.S. Internet and phone surveillance programs as narrowly targeted efforts that have
    Trying to tamp down concerns about government over-reach, President Barack Obama on Wednesday defended U.S. Internet and phone surveillance programs as narrowly targeted efforts that have saved lives and thwarted at least 50 terror threats.
  • Wednesday, June 19 2013 8:11 AM EDT2013-06-19 12:11:36 GMT
    Toledo firefighters are on the scene of a house fire in Toledo. The fire broke out at a home on the 1100 block of Avondale just after 11:30pm Tuesday. Dispatchers tell us heavy flames are showing.
    Toledo firefighters were called to the scene of a house fire in Toledo late Tuesday night.  The fire broke out at a home on the 1100 block of Avondale just after 11:30pm Tuesday. 

Area Events Calendar

See It, Shoot It, Send It!