If you’re going to really see St. John, you’ve gotta rent a car. That brings with it a few cautions: (1) Driving on the left is easy until you find yourself in a situation where you need to think fast, and that may mean you swerve into the wrong lane. (2) Insurance. Sure, you've got it, but what about the other guy? Odds are one out of three, he doesn't.
The St. John Source quotes the president of Guardian Insurance saying he wouldn’t be surprised if 30% of VI drivers are uninsured.
Not “underinsured.” “UN” insured.
“Underinsured” is also a problem. Minimum limits for coverage were set in 1975. They provide for $10,000 in property damage and $20,000 in medical expenses. Back then, a loaf of bread cost 50 cents. By 2008 it was $2.79. Thats almost a 500% increase. Imagine how far that $20,000 in medical costs will go.
- Read the full Source story: Auto Insurance Falls Short in Coverage