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I think we just get rid of liability insurance altogether and we all cover our own cars and passengers. No liability is assessed in a road accident, just self c
by friend_and_foe 3y ago
I think we just get rid of liability insurance altogether and we all cover our own cars and passengers. No liability is assessed in a road accident, just self coverage. Exceptions would be pedestrians and cyclists. Maybe tack on a cheap liability coverage for them.
- WirelessGigabit 3y agoLike no-fault insurance?
- friend_and_foe 3y agoYup.
- WirelessGigabit 3y agoIt makes sense for when a Civic hits the Rivian. The Civic's 35k (or whatever it is in CA) will get exhausted quite fast. But it comes with a different issue. No fault will cause the Rivian's to have to make a claim. No issue here. But a claim means rates go up. And that is incorrect.
- 1-more 3y ago> Exceptions would be pedestrians and cyclists. Maybe tack on a cheap liability coverage for them. Some states have a state fund for things like this. New Jersey did in 2010 when I got hit biking to work. I didn't use it because I'm incredibly bad at paperwork.