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Article #21275

Re: Someone adopts warning sign idea! Details?

#21275
From: Bill Wimbish
Date: Fri, 01 Jul 1994 20:12
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In article <3530@tnc.UUCP>, Roger Firestone <m0165@tnc.UUCP> wrote:
>
>responsibly for most of us; auto insurance is as expensive as it is
>because of the few who cause horrific accidents with grave bodily

WRONG! Auto insurance is as expensive as it is because insurance companies
try to make-up for the poor return they get on the investments they make 
with OUR premium payments. The executives that run the major insurors think
they are investment bankers instead of insurance companies. And, if the
investments go sour, hey, we can always raise our premiums. Don't believe
it? See a previously posted article about rates being raised in North Caro-
lina! This practice started getting out of hand in the Great Deregulated
Eighties, and has been spiraling out of sight ever since. They should, at
least, have the honesty to hold you at gunpoint when you pay your premiums.
IMHO.
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References: <CrpHrz.Jpy@megatest.com> <2unn8v$3ea@access3.digex.net> <gregor.1123207686B@ra.nrl.navy.mil> <3530@tnc.UUCP>

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From: bill@uunet.uu.net (Bill Wimbish)
Newsgroups: dc.driving
Subject: Re: Someone adopts warning sign idea!  Details?
Date: 1 Jul 1994 16:12:38 -0400
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