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Auto Insurance Costs / Fast Cars #443238

NBC Evening News for Wednesday, Oct 08, 1969
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(Studio) Ins. Company President testifies that insurance of souped-up cars would be incrd. 56%. Calls them motorized missiles.
REPORTER: David Brinkley

(DC) [Ins. Ind. Spokesperson Arthur MERTZ - says no service fulfilled by having car race up to 60 m.p.h. in 5 secs. As long as such cars exist, we'll have to rate them in relationship to hazards.] [President Ntnwide. Ins. Dean JEFFERS - says $1.20 spent on every $1 we take in on super-powered cars.] [Senator Philip HART - asks if those without super cars are picking up tab.] [JEFFERS - says exactly.]
REPORTER: David Brinkley

Brinkley, David

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