Think of the gift government gives the insurance industry when it mandates it?
Since I started driving in CA, I always felt the rate was to high for minimum auto insurance.
The big players have had some competition with pay per mile, but you need a computer connection to use the service, and even then it's gimmicky.
I have been told the Insurance Lobby in Sacramento basically runs the show. They give politicians a lot of money.
I can't prove collusion, but mandatory insurance seems wrong.
And yes--there will be the obligatory story about the uninsured driver, but 15k, 30k, 5k liability doesn't cover much. So little why mandate it?
I would like to see large economy's, like CA, self insure. I bet we could pull it off, and rates might be halfed?
Be it auto, homeowners, etc., I don't think insurance should be mandated, especially for profit.
Since I started driving in CA, I always felt the rate was to high for minimum auto insurance.
The big players have had some competition with pay per mile, but you need a computer connection to use the service, and even then it's gimmicky.
I have been told the Insurance Lobby in Sacramento basically runs the show. They give politicians a lot of money.
I can't prove collusion, but mandatory insurance seems wrong.
And yes--there will be the obligatory story about the uninsured driver, but 15k, 30k, 5k liability doesn't cover much. So little why mandate it?
I would like to see large economy's, like CA, self insure. I bet we could pull it off, and rates might be halfed?
Be it auto, homeowners, etc., I don't think insurance should be mandated, especially for profit.