I was so outraged at my rate hike this year, I decided to cancel everything except the legally-required liability insurance. My car is paid for, and I can afford to replace it, so why was I paying an insurance company 10% of the replacement cost every single year?
And that's when I discovered the problem. Liability is no longer a tiny fraction of your insurance bill. It's now three times the cost of your collision and comprehensive.
This is what happens when the lawyers run your state for their own amusement. In Texas, we put a stop to it with tort reform. But that was Texas, where laws actually mean something. Florida recently passed fake tort reform and then refused to enforce it, the same way they did with the fake roof insurance reform bill.
You will be able to afford your car insurance on the day you can watch your TV without being blasted with "Bogun, Munns and Munns" ads promising you "more".
|