New York Lawmakers question Governor Hochul's plan to reduce car insurance premiums by reducing compensation to crash victims

https://feddit.uk/post/45154901

New York Lawmakers question Governor Hochul's plan to reduce car insurance premiums by reducing compensation to crash victims - Feddit UK

Lemmy

Nationalize all insurance.
Which would actually reduce insurance costs since insurance functions by spreading risk out as much as possible.
Also we wouldn’t have to keep forking over extra money so that the insurance company can make profits.