Should Paid Maternity Leave Work Like Auto Insurance?
In 47 states, drivers are required, at minimum, to carry a compulsory auto liability policy. The rules and potential penalties vary by state. Homeowners insurance is not required by law. However, if you finance your home through a mortgage lender, the lender usually requires homeowners insurance. Five states require employees in the private sector to purchase short term disability insurance. Should this requirement be expanded? The purpose of compulsory auto insurance policies is to protect the public from the high costs of injuries and property damage resulting from vehicular accidents. Most states establish a minimally acceptable level of coverage to guarantee medical and property costs will be met. The states put these requirements in place because it realizes many consumers will choose to roll the dice. They will opt out of coverage to save money, only to leave them exposed in the event of an accident. State Insurance Mandates Should more states require workers to purchase short te
