[geeks] Insurance (was [rescue] Current collections)

[Charles Shannon Hendrix]

Mon, 12 Apr 2004 @ 11:09 -0400, Joshua Boyd said:

> On Sun, Apr 11, 2004 at 01:04:34AM -0400, Charles Shannon Hendrix wrote:
> 
> > My car isn't even worth insuring.  The only reason I cannot just get an
> > insurance policy covering third parties and not my car is because the
> > insurance companies lobbied against it.
> 
> Yikes!  What state are you in?  In PA, you can get liability insurance
> that covers strictly third parties and not your car.  
> 
> My '87 Jetta cost something like $600 a year to insure that way.

Hmmm... I still have vehicle coverage, and mine is $380 bi-annually.

Looks like I'm getting a better deal than you then.

I'm in Virginia, using GEICO.  I thought about switching, but most of
the other insurance companies have screwed my friends or cost a lot
more.  Nobody I know is happy with their insurance, and most report
payoffs are dismal.

That's the primary problem.

I'm not expecting to get a new car, but certainly I expect that after
paying several thousand dollars into a policy I should be able to
get a decent used vehicle to replace my wreck, or at least enough to
jump-start a new vehicle purchase.

Otherwise, what is the point in insuring a physical object?

In any case, I don't like the idea of forcing an overly costly and
broken system to be mandatory.  I want things fixed before I'm
forced into it.

Now... right now this doesn't apply to me, I'm mostly arguing the point
because I see this as corporate welfare.  I think a lot of insurance
company costs are self inflicted.






-- 
shannon "AT" widomaker.com -- ["Tara is grass, and behold how Troy lieth
low--And even the English, perchance their hour will come!"]