New Details: Hochul's Car Insurance 'Affordability' Pitch Will Shortchange Crash Victims - Streetsblog New York City
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Hochul's Uber-backed bid to make car insurance affordable hides harmful policies for victims of car drivers.

Drivers: Don’t allow insurance companies to use speed camera data. We don’t want bad drivers to pay more.

Also drivers: Insurance premiums are too expenvie. Do something.

Governor: 🙆

  • Steve@communick.newsEnglish
    3·
    17 hours ago

    For the insured individual its a bet. Not for the insurer.

    By pooling a bunch of bets the insurer isn’t gambling any more. They know (more or less), how much they’ll have to pay out. Then can charge accordingly to know it’ll work out.

      • Steve@communick.newsEnglish
        2·
        2 hours ago

        MUCH like a casino.
        There are subtle yet important differences, which are the reason why casinos are largely illegal, while insurance is often required.

        • bufalo1973@piefed.socialEnglish
          1·
          2 hours ago

          Tell me the difference:

          • The house always wins.
          • If the house doesn’t win it makes it harder for you to win.
          • The house can expel you whenever it likes.
          • The house can bar you the entrance for anything the house sees fit.
          • Steve@communick.newsEnglish
            2·
            1 hour ago

            One provides a useful function that more often than not protects people when things go to shit.

            The other tries to make people into addicts and turn their lives to shit.