Or put in jail.Speaker to Animals wrote: ↑Thu Nov 29, 2018 5:20 amSo how would all of this work with no liability insurance?Martin Hash wrote: ↑Thu Nov 29, 2018 12:38 am61% of fatal accidents are single-vehicle, and the majority of accidents have no assigned fault. Insurance is regressive; that means it transfers money from people with less money to people with more money.
People can still be sued for personal injuries if they are negligent?
Remember, insurance is just a taste; if you've got money, the vic will sue you for millions and the auto insurance only goes to $100K. The plaintiff attorney does it on contingency because they at least know they'll get the $100K or the insurance company will settle. If there was NO insurance, the ambulence chasers would have to foot the bill, and they wouldn't, so no frivolous lawsuits.
Insurance actually CAUSES the liability extortion industry.