MFP commentary:
Yes enforcement of this “law” is police abuse of power.
Tyranny enforced by low IQ minions of the deep state.
Where in the Constitution does it say that the state can make you buy something from a private company?
The insurance mafia has made book by making insurance mandatory.
The customer hasn’t got much room to haggle when he can’t say no.
Imagine what car buying would be like if you weren’t allowed to leave the showroom – if you had to buy a car. Maybe not this car – or that car.
But a car, regardless. One that met the “mandatory minimums” they decreed.
That’s the Dirty Pool which the car insurance mafia plays. But as bad as it is not being able to say no their offer-you-can’t-refuse, it’s about to get worse.
Under the current regime, even though you’re forced to buy insurance coverage, that coverage is at least loosely based upon your individual risk profile. If you’re prone to “accidents” (which for the most part aren’t, being the result of avoidable driver error) your rates are adjusted upward. If you are not “accident” prone, you will (properly) pay less.
Some of this, of course, is based on more general criteria – e.g., the young (and old) being statistically more “accident” prone the not-young but not-yet-old – and on more dubious correlations such as the victim (whoops, the insured) having received a ticket for “speeding” or some other such, notwithstanding the absence of “accidents” on the victim’s driving record.
Also, you can choose to buy a less-costly-to-insure brand or type of car (e.g., a family sedan) rather than a more-expensive-to-insure car (e.g., a sports car or luxury car). Most of all, you can choose to own an older – and paid-for – car and buy only the minimum coverage decreed by the mafia. You can skip collision coverage – which those who make payments have to buy….. Read More