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Auto Insurance Premiums Rise in Kansas
Kansas 26 percent of insured motorists face premium increases effective today. Commissioner Fletcher Bell cited 204 firms under the Insurance Services Office with an annual rise of about 2.15 million dollars and an average statewide hike of 8.7 percent for liability and 14.8 percent for physical damage. He urged reforms to curb rising costs and warned of continued pressure without changes. He noted total loss costs and parts labor for a 3500 dollar car could reach 15000 dollars. He questioned no fault insurance impact on costs.
MENTIONED IN THIS ARTICLE
Peka
Kan
Kansas
Fletcher Bell
Insurance
Insurance Services Office
Ron Todd
Bell