🚀 go-pugleaf

Sean Garrett (pbngarrett@aol.com) wrote:
: THE CURRENT AUTO INSURANCE SYSTEM:

: On average, accident victims with medial bills and wage losses exceeding
: $100,000 recoup just nine percent of their losses from auto insurance.
: (Source: The RAND Corporation) 

Gee, maybe we could pass a law that required insurance companies to pay 
claims within a reaonable time or be penalized!  Prop 200 doesn't 
impose -any- requirements on insurance companies to lower rates, to pay 
claims, to do anything!

: In California, lawyers pocket 20 cents of every premium dollar. (Source:
: California Department of Insurance) 
:        
: Californians are forced to spend more than $2.5 billion a year on auto
: accident lawyers. (Source: California Department of Insurance) 

Gee, why do you think people are "forced" to hire lawyers?  If the
insurance companies paid fair settlements to injured people, who would
need lawyers? 

These Props don't limit the amount of $ insurance companies can spend on 
lawyers, they only limit YOUR right to hire a lawyer and get compensation!

Basically, there are 2 kinds of lawyers, lawyers who work for insurance
companies, and lawyers who work for ordinary people like you and me. 
Props 200/201/202 don't limit the insurance companies or their lawyers in
any way!  I mean, if you really hate lawyers that much, why not stick it
to insurance company lawyers at the same time?  The answer is that Props
200/201/202 were written by the insurance companies to screw the rest of
us. 

: Car owners would be required to show proof of insurance within 30 days or
: pay interest atthe rate of 24 percent per year. 

This benefits only the insurance companies, since your health insurance 
already covers your medical bills and there wouldn't be any more people 
suffering unreimbursed damage from uninsured motorists (you would get 
compensated only for actual medical bills whether or not the motorist 
who hit you had insurance).  What would be the point of keeping 
mandatory insurance except to create a gravy train for insurance 
companies?  Why buy this no fault insurance if you have health 
insurance?

: Drivers with bad driving records still would be penalized with higher
: insurance premiums and traffic tickets. Proposition 200 would prohibit
: insurance companies from raising the rates of motorists who make claims
: for accidents that were not their fault. 

Prop 200 has no teeth as against insurance companies, since they wrote it.

: SEAN GARRETT
: THE ALLIANCE TO REVITALIZE CALIFORNIA

  Code name for the insurance copmanies...Hey Sean, why not disclose the 
names of the biggest contributors to the "Alliance"?