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From: welsch@ihu1e.UUCP (l.a. welsch)
Newsgroups: net.auto,net.consumers,net.flame
Subject: Re: RE: Auto Insurance ($$$)
Message-ID: <530@ihu1e.UUCP>
Date: Fri, 6-Sep-85 09:23:03 EDT
Article-I.D.: ihu1e.530
Posted: Fri Sep  6 09:23:03 1985
Date-Received: Sat, 7-Sep-85 07:12:48 EDT
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Xref: watmath net.auto:8054 net.consumers:2909 net.flame:11833

> 
> New Jersey is definitely the most expensive state
> when it comes to auto insurance.  And it is, I've
> heard, also the safest, IF ONLY FATALITIES ARE
> CONSIDERED.  
> 

I can remember a time in the 70's when N.J. not only was one of the safer 
states but also was also one of the cheapest states to buy insurance 
in.  When I was in my early 20's I was able to buy 100/300 thousand 
liability for under $75.00 a year.  Three events happened to change
this.  They were

	1. N.J. went to NO Fault insurance while maintaining essentially
	the same fault insurance.  
	
	2. N.J. went to universal coverage, forcing insurance companies
	to cover bad risks.
	
	3. N.J. forced competitive insurance companies out of the N.J.
	market.
	
In one year in N.J. my insurance bills quadrupled!  If anything they should
have dropped since I had one more year of experience driving with
no accidents, no tickets, etc.  The insurance company I had was 
forced out of the state, because they wanted to raise their rates and
not cover what they considered to be poor risks. 

The notion of fault and recovery has gotten so far out of hand as to
be rediculous.  I am at the point now where I feel that suits for fault
in automobile cases should be banned.  By going out on the roads as
either a pedestrian, or in an automobile there is a certain probability
of your being in an accident.  If you want insurance against an 
accident buy it.  Buy it in whatever quantity makes you feel safe. 
As it is now all we have is a roulette game, where what is recovered 
depends on the insurance and wealth of who is "responsible" for the 
accident.

					Larry Welsch