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The auto insurance companies will make a killing for a year or two, issuing coverage that will not be cashed in. Then the auto insurance business will go nearl

• mratzloff 14y ago
  That's rather optimistic. There will still be collisions, and there will still be a role for insurance. At a minimum, there will be a transition period--but even afterward, there will still be cars that malfunction.
  • nuclear_eclipse 14y ago
    And there will still be government-enforced requirements for insurance, which will mean that rates will probably not drop too dramatically considering that it's pretty much a captive market.