Why must a person choose whether to live with or without a car to facilitate the govt. and insurers conspiracy to extort from the public? The state has mandatory minimum coverage, and the so-called "high risk" pool that was supposed to be co-underwritten with state funds has been co-opted into a low-income insurance pool. The high risk premiums were so expensive, nobody could afford them (an example...under age 25, one injury accident + one point = $5,000 annual premium liability only).ASUMountaineer wrote:Most states have that for autos. However, if I don't want to pay, at least I can choose not to buy a car. However, under this plan, I breathe, therefore I must purchase health insurance (not health care).travelinman67 wrote:
Welcome to California.
Been living under that system for auto insurance for over a decade...
...the state has an office and call center in Thousand Oaks that employs 1,700 +/-...
...linked with the insurers...
...who notify them of lapses in coverage...
...so the state can immediately suspend the vehicle registration...
...which triggers a fine and fee to reinstate registration...
...after paying a penalty to the insurer to reinstate coverage...
...from insurers who have to be licensed by the state...
...and pay a percentage of net to the beholden.
On the east coast, it's called "pizzo".
And since California consumers cannot shop with non-CA licensed insurers, and the licensing fees are intentionally steep to stifle competition (i.e., basically 10 insurers holding 98% of market), there's little that can be done.
Now, my question is...
...was govt.'s involvement beneficial to the people, or the industry and govt. itself?












