Auto InsuranceAuto insurance occupies a unique status within the U.S. economy. Consider:
The involuntary nature of the relationship between motorists and their insurance companies is a source of major frustration, particularly in communities where the cost of vehicle insurance exceeds the ability of residents to purchase it. Further, there is the conflict between the insurance companies' principal mission - making money - and their responsibility to offer policies to those who must buy insurance and to pay legitimate claims. Insurance companies make money by avoiding risks through the process of underwriting-a form of lawful discrimination. Their goal: obtain customers least likely to make claims. The same financial imperative also provides incentives for insurance companies to avoid paying claims, or at least delay claims as much as possible, creating an inherently adversarial relationship with consumers. Add the record profits achieved by the auto insurance industry in recent years, and the result is an incendiary pocketbook issue fraught with billions of dollars in consequences for both the nation's consumers and its insurance industry. No wonder that in recent years, auto insurance has become an issue with enormous political implications. Each year elected officials throughout the nation wrestle with this complex and controversial issue. If you're mad as hell about auto insurance, you've come to the right place to learn about it, and about what you can do to stop price-gouging and other abuses by insurance companies. More Information History of Auto Insurance
California's Low Cost Auto Insurance Policy
No Fault Insurance
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