Property/ vehicle insurance increases

[Coopsdaddy]

Government is always the worst answer.

Besides, they created the problem in the first place.

It's what they

Ok
So who than?
They get to charge what they want and the government enforces the laws if we don’t have Innsurance.
Someone has to have oversight.
Give us the answer if it’s not going to be a government agency.

 

[Bluefish]

Ok
So who than?
They get to charge what they want and the government enforces the laws if we don’t have Innsurance.
Someone has to have oversight.
Give us the answer if it’s not going to be a government agency.

Price controls are not the answer. That always distorts the market. In reality some places are probably too expensive to live and houses should not be built there. You should be free to have no insurance if no mortgage is owed. Just expect to be out your house if a hurricane, flood, or fire occurs. For some that would be acceptable.

 

[mt terry d]

Price controls are not the answer. That always distorts the market. In reality some places are probably too expensive to live and houses should not be built there. You should be free to have no insurance if no mortgage is owed. Just expect to be out your house if a hurricane, flood, or fire occurs. For some that would be acceptable.

^^^^^^This^^^^^^^^
Some things you cannot afford to have if you cannot afford to lose it.

To any problem, Government is the worst answer. Always.

 

[Coopsdaddy]

Car Innsurance
You have to have it.You go to jail without it,you get sued without it.
How do we regulate it so they can’t price gouge.
You have all the answers but no answers.

 

[Weldor]

Car Innsurance
You have to have it.You go to jail without it,you get sued without it.
How do we regulate it so they can’t price gouge.
You have all the answers but no answers.

They made it mandatory in Az. years ago, and then they tell us less than 50% of the population has it. Joke here.

 

[Bluefish]

They made it mandatory in Az. years ago, and then they tell us less than 50% of the population has it. Joke here.

Same problem in tx. Need it to renew plates, so people buy it then cancel right away or stop paying.

 

[Jake Larsen]

Car Innsurance
You have to have it.You go to jail without it,you get sued without it.
How do we regulate it so they can’t price gouge.
You have all the answers but no answers.

Why do you “have to have it?” Oh yea…government regulations. We have an entire system of regulations regulating the effects of other regulations. Price controls are NEVER the answer. Look into Milton Friedman and his school of economics for a broad conceptual framework to how we aught to function.


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[Coopsdaddy]

Dude
Ask the cop or the judge.

 

[Jake Larsen]

Dude
Ask the cop or the judge.

You’re thinking about everything based on the current system we have. As in, “what would happen to me if I just opted out of insurance inside the current system we have?” That would indeed be a bad idea, and illegal.

Some of us are posing a different question entirely, more like “what would the system look like without massive government interference for the last 50+ years, if the free market had been allowed to problem solve?”


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