Slide 2:
The national Association of insurance commissioners is considering incorporating insurance regulation that covers the climate changes impact
Implementing Regulation:
Implementing Regulation One of the quickest and easiest ways to implement some of these regulations would be with in regards to automobile insurance. By regulating the cost of auto insurance by weighting the rates negatively with regards to someone who drives a lot of mileage could be a deterrent for the consumer who drives a lot…
Slide 4:
While higher auto rates based on mileage driven might deter some individual consumers to use public transportation more This will definitely have a negative impact on businesses who are trying to grow their business .
Slide 5:
Clearly the business who is trying to grow and expand will be driving their vehicles much further and much longer to assist in growing their business It is the old saying that “you may get what you want but you might not want what you get ”
Slide 6:
The insurance regulators might get people to use more public transportation but the consumers will be paying higher insurance premiums for that deterrent, especially in the small business insurance arena. Check us out on: www.commercialgeneralliabilityinsurance.org