Car insurance reforms may lower auto insurance premiums
Car insurance is set to get cheaper following the Government’s pledge to tackle the UK’s “no win, no fee” compensation culture. Justice Secretary Ken Clarke said the clampdown should reduce the costs faced by insurers and public bodies. The spiraling legal costs of settling personal injury claims are cited as one of the main reasons for the high cost of insurance premiums. Do you think this will happen in the U.S? Your thoughts…