New York Governor Achieves Political Victory. From now on, insurance companies will reduce compensation to injured pedestrians. This will help drivers pay lower premiums
New York Governor Achieves Political Victory. From now on, insurance companies will reduce compensation to injured pedestrians. This will help drivers pay lower premiums
(Insert anikin and padame meme here.)
“I lowered your costs Mr.Insurance parasite so you’re going to lower rates now, right?”
Okay so you get the promise of cheaper premiums for now….
Insurance companies of all types are greedy as fuck. This is temporary. This will get increased in the next 5 years, and I’m being conservative with that number because these slimy fucks will likely be trying to increase prices the next day after this goes into effect.
Supposedly you’ll get a cheaper premium today at the cost of not being reimbursed to make you whole tomorrow. So what happens when these same companies come back and want to increase your premium by $10? Are you now going to make parties whole by the same percentage? Likely not. And the cowardly government is just going to let them step on the public again.
And how does this work for out of state drivers in New York? You get into a wreck and you’re just fucked despite supposedly paying more than a New York driver who hit you?
"Lowest insurance in the state! Only $10 a month!"
In very small print - "Deductible includes total costs for medical and vehicle"
If insurance companies were getting hosed by injured people, why don’t they look into ways that cars might cause fewer injuries instead of abandoning the injured?
Capitalism is the enemy of reason.
https://www.propublica.org/article/underride-crashes-nhtsa-dot-iihs-safety-cars-trucks
I just saw one of these blockers the other day, almost all trucks do not have them though. I’m not sure what you are referring to exactly.
Saves countless lives.
Nothing “mildly” about this shit!

## Community Rules: ::: spoiler Be Civil Please treat others with decency. No bigotry (disparaging comments about any race, ethnicity, religion, gender, sexuality, nationality, ability, age, etc). Personal attacks and bad-faith argumentation are not allowed. ::: ::: spoiler Content should be actually infuriating Politics and news are allowed, as well as everyday life. However, please consider posting in partner communities below if it is a better fit. ::: ::: spoiler Mark NSFW/NSFL posts Please mark anything distressing (death, gore, etc.) as NSFW and clearly label it in the title. ::: ::: spoiler Keep it Legal and Moral No promoting violence, DOXXing, brigading, harassment, misinformation, spam, etc. ::: ### Partner Communities - Mildly Infuriating [[email protected]] - Furiously Infuriating [[email protected]] - Memes [[email protected]] - Political Memes [[email protected]] - Lemmy Shitpost [[email protected]] - Not The Onion [[email protected]] - You Should Know [[email protected]] - Lemmy Be Wholesome [[email protected]]
Canada has provinces with public insurance, and provinces with private “free market” insurance.
Public provinces pay >35% less.
Insurance is massively corrupt with our politicians. Even the left wing parties.