Skip to comments.After Obamacare, ObamaCar Insurance?
Posted on 12/04/2013 3:23:57 AM PST by markomalley
The rollout of ObamaCare is, once again, displaying the federal government's adeptness at managing complexity -- a capability already illustrated by the Internal Revenue Service (IRS), Amtrak (FUBAR), and the United States Postal Service (USPS). Given the extraordinary rollout of ObamaCare, it's time to start moving toward single-payer auto insurance.
Here are two reasons why.
First, auto insurance companies offer a mind-boggling array of pricing options. Their nationwide, indecipherable rate structure cries out for the keen, coordinating skills of the Washington D.C. central planners.
Second, the spread of telematics applied to vehicle tracking will offer the federal government new surveillance and revenue enhancement opportunities.
Between 1989 and 2010, the National Association of Insurance Commissioners (NAIC) reported a national average increase of 43.3% in auto insurance rates. (By the way, the new NAIC CEO -- essentially a lobbyist job -- is former Nebraska Senator Ben "Cornhusker Kickback" Nelson.)
Sure, 43.3% is less than the CPI 76% inflation rate increase over those same years, but it's still unfair because the increased costs were not equitably shared. The costs need to be redistributed and, when necessary, supplemented by federal subsidies for those living in high-premium urban areas who can't afford auto insurance.
(Excerpt) Read more at americanthinker.com ...
Hey! Don’t give them any ideas!
they have no intentions of taking it that way.
Next mode of transport for the masses is the Gulag Trains.
A car insurance thread? Time to ask my question.
I just paid my car ins. premium for a year, I have a 2005 Trail Blazer and a 2011 Camry, both bought new. My premium for full coverage was $1040 for 1 year, for both together.
How does this compare with others?
Bikes don't require insurance, yet. lol
Out here in Calif. there was ‘pay at the pump tax’ idea for liability. I liked it. It would get people who didn’t have insurance pay their ‘fair share.’ This is despite a law saying drivers must have it. Since they don’t I choose to pay extra for ‘insured motorist’ insurance. That’s for when an illegal immigrant from Mexico pulls a hit and run.
2006 Grand Caravan, 2006 Kia Optima, and 2011 Nissan Sentra. Myself, wife, and teenage son on policy. $100 deductible with collision on all 3 vehicles. $1800/year
Other than that, our premiums are comparable. I have a 13 year old son and 15 year old daughter and am not looking forward to where my premiums go when they are of driving age.
Thanks for the input.
05 G2500, 01 LW200 and a 02 Explorer. 2 are members of the 200,000 mile club the third is a member of the 300,000 mile club. Much higher than mandatory limits on liability, I think it’s 250,000/500,000 but no use for comp, a total out pay out likely would not even cover the cost of the insurance.
1200 a year.
And my wife has 1 at fault collision that is 2 years old and one not at fault that is 1.5 years old (I stopped buying her mini-vans at that point. I think she was trying to tell me something)
Obama was already complaining that his State mandated liability insurance didn’t pay for his car when he wrecked it.
His insurer claimed that my wife was 50% "at fault - no explanation as to why. My insurer did not object , even over my own objections to them. Probably had a lot to do with the fact that we had a $500 deductible at the time and it wouldn't cost them anything either way. At 50/50, they were off the hook.
I changed insurers immediately. They are all rotten to the core though. I was determind to dump them, even if my new insurer cost more (it didn't)
I prefer not to have illegal Mexicans in the US, let alone driving in the US.
one of the main reasons we drive older high miles stuff. it was cheap to begin with so we don’t carry comp/collision..
There would have been more of a fight from me than your insurance company put up in that case.
They likely assigned some fault to your wife for just being there.