Post #3031057
2026-06-01 20:33 UTC
@jeffowski@mastodon.world Auto insurance is mandated because it's a necessity for pedestrians, property owners, other drivers, etc. to be made whole if the driver doesn't have the cash to do it.
Having said that much, it will be obvious that this insurance is a public good, benefiting others more than the driver. It would be trivial to add a small surcharge to gasoline & car charging so that auto owners exclusively pay the cost of this insurance, and the cost would fall with no profit motive, benefiting all.
Replies (1)
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@PopTarts@gaygeek.social 2026-06-01 21:00
@jeffowski@mastodon.world One other thought: i have been hit by a driver with a license suspended for drunk driving, had no insurance, who was actively drunk when he hit me and was carried away in handcuffs. Whilst i was paying extra for insurance against being hit by an uninsured driver and recouped a *little* of my loss, my premium skyrocketed as a result. In a nationalized system, none of this would have been necessary, since any legal driver would be made whole, and "extra" insurance wouldn't be needed.