Insurers Warn Bill Waiting for McKee's Signature Could Raise Car Insurance Rates

Insurers warn bill waiting for McKee's signature could raise car insurance rates

Insurance industry leaders are warning that one of the bills lawmakers sent to Governor Dan McKee's desk this month could mean even higher car insurance rates for Rhode Islanders.

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Higher auto insurance rates in store if Gov. McKee signs these bills • Rhode Island Current

If Rhode Island Gov. Dan McKee truly wants to make affordability a priority, he should veto legislation to increase the threshold for car repair costs before insurers are required to declare the vehicle a total loss, an insurance industry expert says. (Getty photo)As Rhode Island families grapple with skyrocketing inflation, Gov. Dan McKee has made affordability a signature priority – and rightly so. But two bills currently sitting on his desk, …