Why America is the Greatest Nation on the Planet??

[Eyeball Chambers]

Uh,

Auto Insurance.

I find it hilarious actually.  Auto Insurance should be FOR YOUR CAR by choice only.  Not for someone else`s car.  If you don`t want it, you shouldn`t HAVE to buy it.  You don`t buy House Insurance in order to pay for your neighbors house if it catches fire by accident.  If your friend comes over and accidentally burns your house down, HIS house Insurance doesn`t cover your house.

The whole fuckign thing is backwards, but yet people are just willfully ignorant and obedient.  They go along with anything.  

Edit:Wait... You don't think you should have to pay the other parties damages in the case of an accident that's your fault?  

I don't know about the rest of the United States, but in Ohio you just have to provide proof of financial responsibility.

Financial Responsibility Requirements

There are several ways a motorist can meet FR law requirements. Only one of the following proofs of financial responsibility must be maintained.

   
Financial Responsibility Requirements

There are several ways a motorist can meet FR law requirements. Only one of the following proofs of financial responsibility must be maintained.

    * An auto liability insurance policy. Motorists choosing to comply through insurance will receive ID cards from their insurance company that indicate FR requirements have been met.
    * A certificate issued by the Ohio Bureau of Motor Vehicles (BMV) indicating that money or government bonds in the amount of $30,000 is on deposit with the Treasurer of the State.
    * A certificate issued by the BMV showing a bond secured by real estate having equity of at least $60,000.
    * A certificate of self insurance issued by the BMV, available to those with more than 25 vehicles registered in their name or a company's name.

[Coach is Back!]

Seems TA can't quite grasp the concept of capitalism because he prefers to live off of hard working people who are more fortunate because they worked for their wealth instead of sponging of others. He's one of the lazy ones I keep bringing up. Socialism = LAZY.

[Eyeball Chambers]

How could insurance companies possibly know how much to charge you if the only car you insured was your own?

It's a different story with real estate.

[Jezebelle]

I literally know several local families that came here from the Hills of Eastern Kentucky and have made millions of dollars, and started businesses that have employed hundreds of people.  Rags to riches...

My Grandfather made millions and millions but I am under no delusion that any schmuck who simply follows the rules and "works hard" will be able to do it.

Do you know the percentage of millionaires, (liquid millionaires) that exist in the United States compared to the rest of the population?   Its about 2 percent and under.

My Grandfather did it by work, innovation and connections and other various ways, some rather cutthroat and nefarious. He also did this in the 1950s and 60s when you could get away with a whole lot of shit, especially being Jewish. ( no need to get into conspiracy theories, Jewish people have a network and not a conspiracy)

My point is, hard work and rule following alone will not make you a millionaire.  You are going to have to cut corners.  The American Dream is not real.  To be successful, other HAVE to fail and you HAVE to MAKE them fail or at least revel in their failure.  

Most likely you will be no more successful than your parents or your immediate family as this is the best predictor of wealth.  Like anything there are exceptions to the rule, but prior family wealth is certainly a stepping stone as to where you will be.

The idea of the little man working his way to the top is only for story books feel good news stories that give the illusion that they too will make it.

Guess what, chance are you can`t and you won`t.

[Eyeball Chambers]

My Grandfather made millions and millions but I am under no delusion that any schmuck who simply follows the rules and "works hard" will be able to do it.

Wow, what a cuincidence!  Your boyfriends (True Adonis) grandfather also made millions in the furniture business!

[Jezebelle]

Edit:Wait... You don't think you should have to pay the other parties damages in the case of an accident that's your fault?  

I don't know about the rest of the United States, but in Ohio you just have to provide proof of financial responsibility.

Financial Responsibility Requirements

There are several ways a motorist can meet FR law requirements. Only one of the following proofs of financial responsibility must be maintained.

Again, if you want your car protected YOU BUY CAR INSURANCE for YOUR CAR.  So if someone hits you, YOUR INSURANCE POLICY pays for it since you CHOOSE to have your car covered.

If you choose NOT to have car Insurance and someone hits you, your car can be fixed out of pocket and not by Insurance since you CHOSE NOT to cover your car.

It should function the same as Home Insurance.  As I said, if your friend comes over and burns your house down on accident, HIS house Insurance DOES NOT cover your house, but your Home Insurance will.  See how this works?

[Coach is Back!]

My Grandfather made millions and millions but I am under no delusion that any schmuck who simply follows the rules and "works hard" will be able to do it.

Do you know the percentage of millionaires, (liquid millionaires) that exist in the United States compared to the rest of the population?   Its under 1 percent.

My Grandfather did it by work, innovation and connections and other various ways, some rather cutthroat and nefarious. He also did this in the 1950s and 60s when you could get away with a whole lot of shit, especially being Jewish. ( no need to get into conspiracy theories, Jewish people have a network and not a conspiracy)

My point is, hard work and rule following alone will not make you a millionaire.  You are going to have to cut corners.  The American Dream is not real.  To be successful, other HAVE to fail and you HAVE to MAKE them fail or at least revel in their failure.  

Most likely you will be no more successful than your parents or your immediate family as this is the best predictor of wealth.  Like anything there are exceptions to the rule, but prior family wealth is certainly a stepping stone as to where you will be.

The idea of the little man working his way to the top is only for story books feel good news stories that give the illusion that they too will make it.

Guess what, chance are you can`t and you won`t.

Again, you're delusional. It's a matter of if you want it or don't want it. If you don't want it you'll ALWAYS be at the status quo. I personally know ALOT of millionaires who came from nothing. basically you're telling me you're too lazy to want it.

[Jezebelle]

How could insurance companies possibly know how much to charge you if the only car you insured was your own?

It's a different story with real estate.

How do you think they know How much to charge right now?  (Risk assessment is the answer, but in reality its really a VERY complicated formula that is under no regulation which enables Auto Insurance to charge pretty much whatever they feel like in some cases)

[Eyeball Chambers]

Again, if you want your car protected YOU BUY CAR INSURANCE for YOUR CAR.  So if someone hits you, YOUR INSURANCE POLICY pays for it since you CHOOSE to have your car covered.

If you choose NOT to have car Insurance and someone hits you, your car can be fixed out of pocket and not by Insurance since you CHOSE NOT to cover your car.

It should function the same as Home Insurance.  As I said, if your friend comes over and burns your house down on accident, HIS house Insurance DOES NOT cover your house, but your Home Insurance will.  See how this works?

How could insurance companies possibly determine how much to charge you if the only car you insured was your own?

It's a different story with real estate.

[grab an umbrella]

The laziness and envy of America is strong in this thread.

[Coach is Back!]

The laziness and envy of America is strong in this thread.

Yup!

[Eyeball Chambers]

How do you think they know How much to charge right now?  (Risk assessment is the answer, but in reality its really a VERY complicated formula that is under no regulation which enables Auto Insurance to charge pretty much whatever they feel like in some cases)

YES!

Real Estate doesn't move around, and the risk presented by trees, neighboring homes, elements in nature, etc... can all be calculated!

Your car on the other hand is at the mercy of a million different drivers and a million different circumstances daily.

[Eyeball Chambers]

I'm no economist, but I don't think it's possible that everyone can be a millionaire, the economy just wouldn't function in that case.

The world needs ditch diggers too...

[Jezebelle]

Again, I proposed how insurance SHOULD work.  Its ass-backwards because of lobbying for the most part in the State Senate and also due to lack of Universal Health as the Coordination of Benefits with Auto Insurance also function as Health Insurance (which it should not) when it comes to accidents.

2 States do not REQUIRE you to buy a product (auto Insurance).  I would like to see more.  As long as there are more like yourself who kowtow to State Government strong arm tactics and fear, we probably won`t though.

[Eyeball Chambers]

Again, I proposed how insurance SHOULD work.  Its ass-backwards because of lobbying for the most part in the State Senate and also due to lack of Universal Health as the Coordination of Benefits with Auto Insurance also function as Health Insurance (which it should not) when it comes to accidents.

2 States do not REQUIRE you to buy a product (auto Insurance).  I would like to see more.  As long as there are more like yourself who kowtow to State Government strong arm tactics and fear, we probably won`t though.

Insurance is optional in Ohio, and California from what I'm reading, the only thing required is that you provide Proof of Financial Responsibility  I don't know about the other states, but I'm guessing that's the case in almost all of them!

[Jezebelle]

YES!

Real Estate doesn't move around, and the risk presented by trees, neighboring homes, elements in nature, etc... can all be calculated!

Your car on the other hand is at the mercy of a million different drivers and a million different circumstances daily.

Thats where TRUE UNIVERSAL HEALTHCARE, single payer comes in.  This effectively kicks out the Auto Insurance Industry Complex out of the Health Insurance Industry (COB Coordination of Benefits)and from using Risk Assessment to determine inflated costs.

Once this is done, Auto Insurance is SIMPLY FOR YOUR CAR and nobody elses should you choose to have it.  You can determine rates based on the VALUE of the car solely and the Average Cost of Repair to that Particular Car.

See how this makes total sense?   Auto Insurance should be for Autos only and YOUR AUTO only!

[Eyeball Chambers]

Thats where TRUE UNIVERSAL HEALTHCARE, single payer comes in.  This effectively kicks out the Auto Insurance Industry Complex out of the Health Insurance Industry (COB Coordination of Benefits)and from using Risk Assessment to determine inflated costs.

Once this is done, Auto Insurance is SIMPLY FOR YOUR CAR and nobody elses should you choose to have it.  You can determine rates based on the VALUE of the car solely and the Average Cost of Repair to that Particular Car.

See how this makes total sense?   Auto Insurance should be for Autos only and YOUR AUTO only!

Some people drive $100k cars, and some people drive $800 cars.  The person with the $100k car would have to pay unbelievably high rates at the risk of being wrecked into by the person in the $800 car who really couldn't give a shit less, but would be responsible none the less... 

I don't understand your thinking on this TA.  You don't think a person responsible for an accident should legally have to pay for the damage they cause?

[grab an umbrella]

Some people drive $100k cars, and some people drive $800 cars.  The person with the $100k car would have to pay unbelievably high rates at the risk of being wrecked into by the person in the $800 car who really couldn't give a shit less, but would be responsible none the less... 

I don't understand your thinking on this TA.  You don't think a person responsible for an accident should legally have to pay for the damage they cause?

TA has trouble understanding personal property rights.  I used to have a problem with auto insurance, then I realized someone can ruin my personal property and not pay for it, so I'm okay with auto insurance.  TA is a unique individual for sure.

[Jezebelle]

Some people drive $100k cars, and some people drive $800 cars.  The person with the $100k car would have to pay unbelievably high rates at the risk of being wrecked into by the person in the $800 car who really couldn't give a shit less.... 

I don't understand your thinking on this TA.  You don't think a person responsible for an accident should legally have to pay for the damage they cause?

Exactly.  The higher the value the car, the more Expensive Insurance MAY be.  You could even shop around to find an underwriter who would do it cheaply.

If someone runs into you, YOUR INSURANCE PAYS that you CHOOSE to buy.  Insurance should be FOR YOUR CAR.  If you don`t want it, don`t pay it.  You may even come out ahead by NOT having Insurance cover your car, especially if you can fix the car yourself or you can fix it cheaper than you would be paying in Premiums over the years.

I don`t see a single downside to this approach at all.  This is what INSURANCE SHOULD entail.

[Jezebelle]

TA has trouble understanding personal property rights.  I used to have a problem with auto insurance, then I realized someone can ruin my personal property and not pay for it, so I'm okay with auto insurance.  TA is a unique individual for sure.

What the hell are you talking about?  Do you know what happens when an Uninsured motorist hits you and you have Auto Insurance?


Guess what, YOUR INSURANCE pays by default anyway.  

Again, Insurance should COVER YOUR CAR only.

With my proposal, lets say I am driving a Mercedes with no Insurance and I hit your Ferrari and you have Insurance.  Guess what, since you HAVE Insurance your Insurance pays. Since I don`t have it, but I can fix the car myself, I don`t need it. I can pay out of pocket. This is how INSURANCE SHOULD work.

[grab an umbrella]

Exactly.  The higher the value the car, the more Expensive Insurance MAY be.  You could even shop around to find an underwriter who would do it cheaply.

If someone runs into you, YOUR INSURANCE PAYS that you CHOOSE to buy.  Insurance should be FOR YOUR CAR.  If you don`t want it, don`t pay it.  You may even come out ahead by NOT having Insurance cover your car, especially if you can fix the car yourself or you can fix it cheaper than you would be paying in Premiums over the years.

I don`t see a single downside to this approach at all.  This is what INSURANCE SHOULD entail.

That may be the case ta, but the fact is, if an uninsured driver who makes 20k a year runs into my car he won't be able to pay the premium.  Please no silver lining or more equivalency.

[Eyeball Chambers]

Exactly.  The higher the value the car, the more Expensive Insurance MAY be.  You could even shop around to find an underwriter who would do it cheaply.

If someone runs into you, YOUR INSURANCE PAYS that you CHOOSE to buy.  Insurance should be FOR YOUR CAR.  If you don`t want it, don`t pay it.  You may even come out ahead by NOT having Insurance cover your car, especially if you can fix the car yourself or you can fix it cheaper than you would be paying in Premiums over the years.

I don`t see a single downside to this approach at all.  This is what INSURANCE SHOULD entail.

I understand what you're saying, but that isn't a fair system.  Someone is always at fault in an auto accident, and the person at fault is the one responsible for the damage done (and rightfully so).

[Jezebelle]

Insurance is optional in Ohio, and California from what I'm reading, the only thing required is that you provide Proof of Financial Responsibility  I don't know about the other states, but I'm guessing that's the case in almost all of them!

Not in North Carolina my friend.  We are REQUIRED to buy a Private Product.  Not only that, we are now FINED if we Do not have it or it lapses.

http://www.ncdot.org/dmv/vehicle_services/registrationtitling/insuranceRequirements.html

The Vehicle Financial Responsibility Act of 1957 requires that all motor vehicles registered in the state must be covered by an automobile liability insurance policy and that the insurance must remain in effect with continuous coverage until the registration is terminated.

When titling/registering your vehicle you will need to provide proof of insurance.

Acceptable proofs of insurance include:

Owner provides insurance company name and policy number (Self Certification)

Or a Certificate of Insurance (FS-1), obtained from an Insurance Company that is licensed to do business in North Carolina.

Minimum Liability Insurance Requirements for Licensing:

The minimum requirements of liability insurance for a private passenger vehicle is $30,000 for bodily injury for one person; $60,000 bodily injury for two or more people and $25,000 property damage. North Carolina law requires each company to notify the DMV when coverage has been cancelled.

[grab an umbrella]

Not in North Carolina my friend.  We are REQUIRED to buy a Private Product.  Not only that, we are now FINED if we Do not have it or it lapses.

http://www.ncdot.org/dmv/vehicle_services/registrationtitling/insuranceRequirements.html

The Vehicle Financial Responsibility Act of 1957 requires that all motor vehicles registered in the state must be covered by an automobile liability insurance policy and that the insurance must remain in effect with continuous coverage until the registration is terminated.

When titling/registering your vehicle you will need to provide proof of insurance.

Acceptable proofs of insurance include:

Owner provides insurance company name and policy number (Self Certification)

Or a Certificate of Insurance (FS-1), obtained from an Insurance Company that is licensed to do business in North Carolina.

Minimum Liability Insurance Requirements for Licensing:

The minimum requirements of liability insurance for a private passenger vehicle is $30,000 for bodily injury for one person; $60,000 bodily injury for two or more people and $25,000 property damage. North Carolina law requires each company to notify the DMV when coverage has been cancelled.

Again, remember, you can damage someones private property and may not be able to pay the damages.

[Eyeball Chambers]

In your system, the rates you pay would be based on the value of your car alone regardless of your driving record.

The rates would be insanely unaffordable because in actuality the insurance company wouldn't be insuring you, they'd be insuring you against the million bad drives on the road.  The cost that would be charged to insure these bad drives, would then be passed on to you.

That's on top of the fact that the person who causes the damage should be legally responsible to pay for them.