Insurance Companies

Not content with ripping off people with a compulsory tax, aka car insurance, the insurance companies are looking to screw more money from parents who put their children on their policies. Maybe the insurance companies should not have paid out so much to fraudsters, and should not be awarding themselves muiti-million bonuses.

Car insurance is legalised theft, operated by a cosy cartel, protected by the government.

Recorded from BBC Weekend Breakfast News, 05 June 2010.

Duration : 0:3:2

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Proposition 17 – Allows Auto Insurance Companies to Base Their Prices in Part on a Driver’s History of Insurance Coverage

Permits companies to reduce or increase cost of insurance depending on whether driver has a history of continuous insurance coverage. Fiscal Impact: Probably no significant fiscal effect on state insurance premium tax revenues.

Duration : 0:1:23

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