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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by dc_dux
If you're referring to Prop 103 in Cali, auto insurance prices in California declined in the subsequent 10 years (according to the Consumer Federation of America): Auto insurance prices in California declined 4 percent between 1989 and 1998 while jumping an average 38.9 percent nationwide, according to a new survey released by Consumer Federation of America.
....Ralph Nader and other consumer advocates credited Proposition 103, passed by the state's voters in 1988, which tightened insurance regulation.
"California stands out," said Robert Hunter, director of insurance for Consumer Federation, who prepared the study. He said Prop. 103 brought smaller rate increases, fewer uninsured drivers and more insurance companies to the state — as well as fatter profits for the companies.
http://abcnews.go.com/Business/Autos...d=88105&page=1
I dont know if Hilary's solution is the answer, but health care reform that results in significantly lowering the number of uninsured can result in the same win-win. |
yes, I am.
And I didn't get any benefit from it. I move in 1991 while they were still fighting it out in court. And if they didn't fuck you in the ass with the insurance, they sure did with the electricity.... so no. It overall wasn't a better experience in my eyes to spend 4% less then the national average and then pay up the ass and have rolling blackouts for electricity. Still MORE money out of my pockets at the end of the day. It isn't the nickel and dime here and there it is ultimately how much at the end of the day stays in my pockets.
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I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
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