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A couple of issues separate car insurance with home insurance. You can still buy a car and drive it without insurance, albeit illegally in most states. With a h
by Simulacra 2y ago
A couple of issues separate car insurance with home insurance. You can still buy a car and drive it without insurance, albeit illegally in most states. With a home you cannot even BUY the home (with a mortgage) without home owners insurance. You could "self-insure" but no lender will give you a mortgage without insurance. Whereas a car dealer will gladly sell you a car with or without insurance.
Eventually, government will mandate insurance before buying the car.
- throwaway5959 2y agoThen people just won’t be able to drive. I think a lot of people don’t see how precarious some people’s lives are now, even with what would have been decent incomes five years ago.