Insurance rate hike proposed

Friday, March 7, 2003 | 9:55 a.m.

CARSON CITY -- Mid-Century Insurance, which writes policies for more than 18,000 vehicles in Nevada, is proposing to raise its car insurance rates.

For the company's 8,453 customers in Clark County, the bodily injury-property damage coverage would rise 1.7 percent; uninsured motorist would go up 4.8 percent; medical coverage would rise 1.8 percent; and collision would jump 3 percent. Comprehensive coverage would decrease 1.6 percent.

The company collected $16.2 million in premiums in Nevada last fiscal year.

The application was presented to state Insurance Commissioner Alice Molasky-Arman, who must decide whether to grant the increase.

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