Tuesday, March 13, 2007
The Amazing World We Live In- Yes, It's In Color... (2)
The Amazing World We Live In- Yes, It's In Color...
Oh by the way, socialist was the word he used to describe me to his friends the next day. That's right, he had to share what I told him with his 'posse'. I am assuming it is an effort to gain support from them before I can convince them their friend can only see in two colors. Not because he is color blind, but because he is to ignorant or to lazy to want to acknowledge the fact that there are "exceptions to every rule".
Liability, Comprehensive, Collision...
Uninsured motorist, glass, and rental reimbursement.
What do all of these have in common? Well other than costing an arm and a leg, they are all options people can opt for when purchasing auto insurance. Liability is the only one anyone must carry.
Liability insurance protects, you the driver, and the other driver from the financial burden that comes with an accident. If you carry liability insurance and rear end someone on your way to work, your insurance company will pay for your mistake, however they will not fix your car or help you. They will deal with the other drivers insurance company in court if necessary and pay for the damage to their vehicle. You however, are left with a smashed up car or even worse...
If you carry comprehensive and collision insurance on your policy you are in a little better shape. Your insurance company will pay to fix your car, if it is repairable, and if it is not, they are supposed to compensate you for the loss of the vehicle. Uninsured motorist insurance is just a scam, period. And the other two are self explanatory.
Back to the point...
In the state of Arizona, and in most states across the nation it is illegal for a person to drive without auto insurance. If you are pulled without insurance you are normally fined, but in some extreme situations your car can even be taken from you.
Arizona Auto Insurance Laws
Arizona requires that every motor vehicle operated on the roadways be covered
by one of the statutory forms of financial responsibility. To comply with the
financial responsibility laws, most drivers purchase automobile liability
insurance. This includes golf carts, motorcycles and mopeds.Arizona minimum levels of financial responsibility are: • $15,000 bodily
injury liability for one person and $30,000 for two or more persons; • $10,000
property damage liability http://www.superiorcarinsurance.com/CarInsurance/arizona.html
What is the problem with this you might ask. Doesn't this law protect the public?
In some circumstances yes, it does. Actually, in most circumstances it does. The problem with the law is that the states are forcing individuals to purchase a service from a private company without any real regulations on the price of said service. All of this while allowing the insurance companies to practice age and class discrimination.
I believe the state is unjustly forcing the people to adhere to a law that benefits a private business. They allow the insurance companies to set the rates of their insurance based on statistics the company finds appealing. As the citizen we are forced to buy this service from the insurers because of a government regulation.
The Rise and Fall of an American Empire
Next week, same routine, different store. You heard a friend talk about what he picked up at Wal-Mart last Saturday. All of the sudden, you aren't satisfied with what you purchased last week. Instead you feel as though you got ripped off.
Wal-Mart's Growth Is Simply a Failure of Our Federal Government to Enforce the
1936 Federal Law [the Robinson-Patman Act] Prohibiting Price Discrimination