HD14 - Uninsured Motorists (1993)

  • Published: 1993
  • Author: Department of Motor Vehicles
  • Enabling Authority: House Joint Resolution 230 (Regular Session, 1987)

Executive Summary:
RESULTS OF INSURANCE MONITORING EFFORTS JULY 1, 1991 THROUGH JUNE 30, 1992

There were 4,884,851 vehicles registered in the State of Virginia as of June 30, 1992. This is a slight increase over the 4,794,803 vehicles registered as of June 30, 1990.

Vehicle Owners Issued Notices: 224,831
Resulting Net Orders of Suspension: 21,512
Average Detection Rate**: 9.57%

** The Average Detection Rate represents the efforts of all of the Insurance Monitoring processes administered by the Department.

The Vehicle Registration Sample process detection rate was 7.15%.

The number of motorists who voluntarily paid the uninsured motor vehicle fee at the time of registration for FY91-92 was 7,355.

The number of motorists who paid the penalty fee only following detection by DMV as being uninsured was 17,413 for FY91-92.

The number of Certificates of Insurance filed totaled 50,723.

Net revenue collections during the past fiscal year was $7,380,825.

The Department of Motor Vehicles' appropriation for FY91-92 was $3,893,324.

The net funds available for transfer to the State Corporation Commission during FY91-92 were $3,487,501. This is a decrease from the previous fiscal year.