It feels to me like Kathy Hochul becomes a new interest’s useful idiot every other month. I don’t know anyone else who’s more frequently someone’s pocket idiot politician besides Eric Adams and Donald Trump. They say she’s politically savvy. I think it’s the opposite, she’s an airhead who doesn’t know how to say no to money and in the grifter political waters of Albany that makes her buoyant. Like a big dumb motorless barge.
You get a way with murder when a cyclist or pedestrian dies by a crash…
No she wants to increase the profit margins of insurance companies. Your rates will stay the same or go higher.
Cars should be expensive to capture more of their true costs.
But if you really wanted to bring the cost down, probably removing the profit motive would go farther. Nationalize it.
probably removing the profit motive would go farther. Nationalize it.
In Canada, BC and Quebec have public insurance plans, they pay 35-45% less than the “free market” in other provinces.
Let’s see who would benefit from this? Hmm?
Also, rates will NOT go down as a result of this, I guarantee it. Businesses never return saved money to the customers. They claim prices are high because of theft, but if there were suddenly zero theft, they’d pocket the additional profit, not lower prices. It’s all bullshit. The only thing that lowers prices is competition and regulation. Rich people never give up money willingly, because money = power.
Oh, I assume you’re going to do that by offering state-sponsored healthcare, thus lowering cost for both drivers and victims! I think that’s a fine idea.
Oh wait, you’re not just putting excess costs on the victim are you?
People a use the shit out of it thats why. I have barely tapped a couple people in traffic in my life and all of em claim bs injury and get like $10k. They weren’t injured, there’s no damage to the car even. This happens all the time. I had a friend get 25k she wasn’t hurt at all and she was going out partying with us all the time. Im fully in support of this for minor collisions that are being abused and costing everyone money
The problem is USA is so full of under employed ambulance chasers, it’s cheaper to pay out under $25,000 before they better call Saul.
The other problem is steal-o-matic cars with no federal guidelines to force better security, and body shops now charging $1200 for a bumper respray.
It’s a stupid solution to the problem. You’ll end up negatively impacting 1000 people who actually need it for everyone “faking”
I think if you reverse the numbers its more realistic
