Welcome Guest

We could if Ins companies acted the way they are supposed to

Posted on: September 5, 2017 at 11:56:53 CT

Badird MU

Posts:

8826

Member For:

9.44 yrs

Level:

User

M.O.B. Votes:

Or people, for that matter.

Car ins is required bc if someone hits me and puts me in the hospital but has no insurance, they probably cant pay for my expenses. How does the free market fix that problem?

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

SIAP: Get government out of flood insurance! - Hbombtiger STL - 9/5 10:46:18

Let's get rid of gvmt, period (nm) - pickle MU

- 9/5 11:57:49

How about we get the Federal Gov out of all types of insuran - tman KC - 9/5 11:53:10

We could if Ins companies acted the way they are supposed to - Badird MU - 9/5 11:56:53

Easy. Make insurance policy cover you and not the other - tman KC - 9/5 12:28:34

It would sure matter to the insurance company. - Badird MU - 9/5 12:32:27

Because there is money to be made - tman KC - 9/5 12:42:17

Pure fantasy, im afraid. - Badird MU - 9/5 12:46:42

No it makes you responsible for yourself. What you want is - tman KC - 9/5 12:49:55

No. I am simply pointing out how dumb your system is. - Badird MU - 9/5 13:17:14

No. You are just making a fool of yourself - tman KC - 9/5 13:27:53

No, its a fantasy. No Ins company will pay for things they - Badird MU - 9/5 14:27:05

with a wage lien on the guy. you haven't "fixed" the proble - 90Tiger MU - 9/5 12:03:30

So you want the govt to apply a wage lien on whoever doesnt - Badird MU - 9/5 12:04:59

no, who mentioned govt lien? (nm) - 90Tiger MU - 9/5 12:24:59

Its easy. You pull their plate when they dont have insurance - NWMizzouFan MU

- 9/5 11:58:16

*facepalm* You didnt answer my question at all... - Badird MU - 9/5 12:03:47

I think everyone here should watch the 60 Minutes from Sun - Badird MU - 9/5 11:43:18

Other than setting minimum reserve levels for insurance - Spanky KU - 9/5 11:30:43

The govt has no business setting reserve levels for - ummmm MU - 9/5 11:32:09

Sure they do - Spanky KU - 9/5 15:56:18

Or actually enforce the Repetitive Loss provisions and - Mo Texan MU - 9/5 11:25:16

The moral hazard extends well beyond single home flood - ummmm MU - 9/5 11:08:15

I agree. At the very least, no insurance house > 200K. - RHAYWORTH MU - 9/5 10:57:06

So you want govt to put limits on which houses can get ins? - Badird MU - 9/5 11:49:02

Companies been making bank on flood insurance - catbirdseat MU

- 9/5 12:14:25

I don't know about that - DC Jayhawk KU - 9/5 12:24:32

Right, but that doesnt stop them from abusing customers - Badird MU - 9/5 12:21:14

I don't doubt that, but the numbers people - catbirdseat MU

- 9/5 12:49:24

This goes outside of hurricane prone areas. - Hbombtiger STL - 9/5 11:01:27

RE: This goes outside of hurricane prone areas. - MOCO SON MU - 9/5 11:02:44

And earthquake areas, and tornado prone areas - tman KC - 9/5 11:56:14

so basically don't live within 200 miles of a coast or - catbirdseat MU

- 9/5 12:15:34

No you can live there. There will also be insurance just - tman KC - 9/5 12:18:59

RE: SIAP: Get government out of flood insurance! - MOCO SON MU - 9/5 10:51:03

They need to relocate themselves. It's not the government's - Hbombtiger STL - 9/5 10:52:03

RE: They need to relocate themselves. It's not the government's - MOCO SON MU - 9/5 10:59:33