http://www.triskele.com/2006/02/27/mandatory-minimum-insurance Political & actuarial musings and assorted roadgeek trivia Wed, 17 Mar 2010 14:41:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.triskele.com/2006/02/27/mandatory-minimum-insurance/comment-page-1#comment-206 Michael Tue, 28 Feb 2006 17:52:46 +0000 http://test.triskele.com/2006/02/27/mandatory-minimum-insurance/#comment-206 <p>You are right in the sense that low-impact accidents are more common and at least they would be protected from them (until they're non-renewed from the program because they no longer meet the conditions of a good driver.) but I guess maybe the fact that I speak with insurance customers on a semi-regularly basis leads me to believe that people don't understand insurance. They don't know what 10/20/3 is, all that they know is that they're purchasing insurance. Speaking with customers who've realized that their insurance isn't going to be much help isn't that fun of an experience. Thanks for the comment.</p> You are right in the sense that low-impact accidents are more common and at least they would be protected from them (until they’re non-renewed from the program because they no longer meet the conditions of a good driver.) but I guess maybe the fact that I speak with insurance customers on a semi-regularly basis leads me to believe that people don’t understand insurance.
They don’t know what 10/20/3 is, all that they know is that they’re purchasing insurance. Speaking with customers who’ve realized that their insurance isn’t going to be much help isn’t that fun of an experience.
Thanks for the comment.

]]> http://www.triskele.com/2006/02/27/mandatory-minimum-insurance/comment-page-1#comment-205 Dave Tue, 28 Feb 2006 13:06:23 +0000 http://test.triskele.com/2006/02/27/mandatory-minimum-insurance/#comment-205 <p>I've always like Andrew Tobias' idea: pay at the pump, private, no fault insurance. The idea is laid out in his book "AUTO INSURANCE ALERT!", out of print now but very interesting. Do away with agents, do away with advertising, do away with uninsured motorist. Written in '93 it doesn't mention hybrid cars,but still worth a look.</p> I’ve always like Andrew Tobias’ idea: pay at the pump, private, no fault insurance. The idea is laid out in his book “AUTO INSURANCE ALERT!”, out of print now but very interesting. Do away with agents, do away with advertising, do away with uninsured motorist. Written in ‘93 it doesn’t mention hybrid cars,but still worth a look.

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