My gubernatorial campaign is getting under way. Some of my more salient platform items include pardoning all incarcerated drug criminals and eliminating mandatory education.


Also, I intend to revolutionize the auto insurance industry.


I live in California, so this racket may work differently in your state. Right now every driver in the state of California is required by law to purchase minimum liability insurance to cover damages to another vehicle and medical costs if you injure someone in a crash.


This is the opposite of the way it should be done, and far less effective. Under the current system, everyone has to participate or it doesn't work. If ONE person doesn't have the insurance then people are at risk of suffering damage and injuries without compensation. However, if the law didn't require you to buy this coverage, then it could be left up to you to find insurance to cover your self in case of damage and injuries.


It's quite simple. We could have insurance companies offering SELF-COVERAGE to those who want it. It's the equivalent of eliminating the liability coverage and just buying the uninsured motorist insurance. Under a system like that, no one is responsible to be insured. If you want to risk driving the roads without covering yourself, so be it. If someone hits you, it doesn't matter what their insurance situation is. You've either purchased self-coverage or you haven't.


Yes, I or my insurance company can sue them for damages if they are found at fault. Therefore, if I want to avoid getting sued over damages that are my fault, I had better get liability coverage too.


The only role government would play is in protecting the consumer from monopolies, price fixing and the like, just like they do with any other industry. The end result is a stripped down, efficient system that works and doesn't need government bureaucracy to maintain it.


Auto insurance is the only service industry that has the legislature supporting it by mandating that EVERY person buy the service. With the government and the insurance companies in bed together forcing everyone to buy, the industry prospers and the politicians get HUGE contributions, and the good of the consumer gets lost. How can anyone truly believe that this system is in place for our benefit?


I think that the very existence of "uninsured motorist coverage" shows what a racket our current system truly is. If the system of mandating liability coverage worked effectively, there would be no need for this extra bit of "in case the other guy isn't following the rules" coverage. It's a big racket to sell more insurance services. Just let drivers cover themselves IF THEY WANT TO and leave it at that.


natedogg