OH law sets new auto insurance minimum requirements - WLOX.com - The News for South Mississippi

OH law sets new auto insurance minimum requirements

(Toledo News Now) -

A new Ohio law sets new minimum auto insurance coverage requirements, and according to the Ohio Insurance Institute, this brings Ohio in line with 38 other states and will affect roughly 400,000 drivers with minimum coverage.

This represents the first change in the state since 1969, and local insurance agent Jan Scotland says it's about time.

"The rates were so low, people were going over those rates, either they were being gone after personally or if they didn't have any money, the person who was in that accident that got hurt or had damage was pretty much out of luck, or their own insurance would have to take care of it," said Scotland. 

The minimum financial responsibility standards for injury or death to a single person increases from $12,500 to $25,000, from $25,000 to $50,000 for an accident involving multiple people, and from $7,500 to $25,000 for property damage.

"A minimum of $12,500 for one person in an accident just doesn't do it. It's almost irresponsible. So I think most people get the idea this is necessary. There's no doubt the protection is much better for people involved in an accident," said Scotland. 

The new law affects new policies, as well as policies getting renewed.

Mobile users, click on the "Video" button in the app to watch this story. Download our app here.

Copyright 2013 Toledo News Now. All rights reserved.

  • NEWSMore>>

  • WLOX Investigation: Retired Gulfport Firefighter raises concerns over morale in the Department

    WLOX Investigation: Retired Gulfport Firefighter raises concerns over morale in the Department

    Thursday, June 21 2018 10:47 PM EDT2018-06-22 02:47:02 GMT
    That incident led to a police report, a city investigation and a lot of rumors about the inner workings of the Gulfport Fire Department. (Photo source: WLOX)That incident led to a police report, a city investigation and a lot of rumors about the inner workings of the Gulfport Fire Department. (Photo source: WLOX)
    That incident led to a police report, a city investigation and a lot of rumors about the inner workings of the Gulfport Fire Department. (Photo source: WLOX)That incident led to a police report, a city investigation and a lot of rumors about the inner workings of the Gulfport Fire Department. (Photo source: WLOX)

    Gulfport's Mayor and Chief Administrator say Fire Chief Michael Beyerstedt has their full confidence, and they've closed the book on an altercation two months ago between the chief and a firefighter. Now, a recently retired firefighter who says he witnessed the altercation has come forward not only to share his perspective of the incident but also on what he calls a serious need to hire more firefighters.

    More >>

    Gulfport's Mayor and Chief Administrator say Fire Chief Michael Beyerstedt has their full confidence, and they've closed the book on an altercation two months ago between the chief and a firefighter. Now, a recently retired firefighter who says he witnessed the altercation has come forward not only to share his perspective of the incident but also on what he calls a serious need to hire more firefighters.

    More >>
  • Car ends up in ditch after short chase in Gulfport

    VIDEO: Car ends in ditch after short chase in Gulfport

    VIDEO: Car ends in ditch after short chase in Gulfport

    Thursday, June 21 2018 9:35 PM EDT2018-06-22 01:35:50 GMT
    A minor accident on Highway 90 suddenly became a short chase through Gulfport earlier this evening. (Photo source: WLOX)A minor accident on Highway 90 suddenly became a short chase through Gulfport earlier this evening. (Photo source: WLOX)

    A minor accident on Highway 90 suddenly became a short chase through Gulfport earlier this evening. 

    More >>

    A minor accident on Highway 90 suddenly became a short chase through Gulfport earlier this evening. 

    More >>
  • Preparations for 'Scrapin' The Coast' continue

    Preparations for 'Scrapin' The Coast' continue

    Thursday, June 21 2018 8:33 PM EDT2018-06-22 00:33:26 GMT

    Scrapin The Coast is almost here, and everyone's getting ready for a weekend full of cool cars, live events, and fun in the sun. 

    More >>

    Scrapin The Coast is almost here, and everyone's getting ready for a weekend full of cool cars, live events, and fun in the sun. 

    More >>
Powered by Frankly