πŸš€ go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: la.general
Article #1746

Re: No Fault Insurance Never Goes Away

#1746
From: Sean Garrett
Date: Thu, 22 Feb 1996 00:00
15 lines
1590 bytes
Something like 25% of California motorists are uninsured.  Studies by the
Rand Corp. estimate that they cause up to 40% of the "at-fault" accidents
in California.

The cheapest plan under no-fault ($50,000 of coverage), the Rand Corp
estimates, will cost nearly 70% less than the cheapest plans now.  Thus,
more people will obey the law, and get insured.

You have to ask yourself if this makes sense.  In the present system,
lawyers pocket $2.5 billion every year.  Another $3 billion of our
insurance premiums go to pay for lawyer-induced fraud.  Moreover, drivers
who buy insurance end up paying more than $1 billion for uninsured
motorists who sue them when they get in an accident.  If you take these
costs out, your premium will cost less.  ThatοΏ½s something voters made sure
of when they voted Proposition 103 into law in 1988.
Technical Details
Message-ID: <pbngarrett-2202961125570001@l68.ip.quake.net>
Path: arc1-ca.pugleaf.net!unknown!not-for-mail
References: <msadamsDMupqu.374@netcom.com> <4g7t2m$1bc@cloner4.netcom.com> <4g8mpq$c18@ixnews5.ix.netcom.com>

Show Full Headers
Complete Article Headers
X-Google-Language: ENGLISH,ASCII
X-Google-Thread: 104eff,f9d6ca94cd535210
X-Google-Attributes: gid104eff,public
X-Google-Thread: 102fd5,f9d6ca94cd535210
X-Google-Attributes: gid102fd5,public
X-Google-Thread: 10001a,f9d6ca94cd535210
X-Google-Attributes: gid10001a,public
X-Google-Thread: 107d03,f9d6ca94cd535210
X-Google-Attributes: gid107d03,public
From: pbngarrett@aol.com (Sean Garrett)
Subject: Re: No Fault Insurance Never Goes Away
Date: 1996/02/22
Message-ID: <pbngarrett-2202961125570001@l68.ip.quake.net>
X-Deja-AN: 140580243
references: <msadamsDMupqu.374@netcom.com> <4g7t2m$1bc@cloner4.netcom.com> <4g8mpq$c18@ixnews5.ix.netcom.com>
organization: PBN
newsgroups: la.general,ca.politics,ba.politics,ca.driving