Re:Driverless Cars Threaten to Crash Insurers’ Earnings
by dsfyu404ed on Tuesday July 26, 2016 @02:09PM
(#12167605)
Affordable and accessible medical care is a prerequisite to that. After the injury aspect is taken out of the picture then it would make sense for everyone to insure as much as they want (e.g. homeowners insurance)
[ Parent
| on HN ]
Re:Driverless Cars Threaten to Crash Insurers’ Earnings
by cmdrfred on Tuesday July 26, 2016 @02:12PM
(#12167627)
If I don't want to be insured for own personal bodily injury, why should I be forced to buy that product in a free market? What if the premium simply isn't cost effective? By forcing anyone to buy a product you are creating a captive market and thus insane prices. Especially when the businesses involved are explicitly allowed to collude[0]. Sounds like a bad deal for everyone but the insurance companies.
[0]https://en.wikipedia.org/wiki/McCarran%E2%80%93Ferguson_Act
Re:Driverless Cars Threaten to Crash Insurers’ Earnings
by dsfyu404ed on Tuesday July 26, 2016 @02:57PM
(#12167975)
My intention was to point out that if the medical side of things was a non-issue it would be much easier for society to get behind the idea of "just insure your own property however much you want"