Rebecca Grossman Hit With Maximum Sentence, and Your Auto Insurance Bill Could Pay the Price
The verdict is in, and socialite Rebecca Grossman is heading to prison for 15 years to life for the deaths of two young brothers in a crosswalk. While the tragedy is heartbreaking, consumer advocates are raising the alarm about a much more personal fallout for drivers across the country: skyrocketing auto insurance premiums. This case is a stark reminder that every multi-million dollar civil verdict and criminal case for reckless driving gets factored into your insurance rates under the umbrella of "liability risk." Analysts predict this high-profile conviction will embolden families to file even larger "pain and suffering" claims, forcing insurance companies to raise premiums by up to 8% in the next year to cover the new legal norm. Translation: Rebecca Grossman’s reckless choices just made your monthly car payment $15 more expensive, whether you ever speed or not. Don't be surprised to see a rate hike letter in your mailbox within the next six months.