Higher Gas Prices, Lighter Vehicles Could Mean Higher Insurance Costs
National News • August 27, 2008
The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research ...
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Subject: RE: RE: RE: RE: What was the incidence of claims by vehicle
Posted On: August 28, 2008, 6:57 am CDT
Posted By: Pud
Comment:
WOW Jake! Now that's a stretch of the imaginination. If anything the oposite would occur! People do not have enough money to pay their deductibles,which BTW were increased to save insurance companies paying smaller claims, so now they likely won't put any claim in at all.
You are going to see more zebra cars. They will either get a recycled part if driveable,aftermarket and not paint it,have someone bump out any damage best they can or not get it repaired at all.
This is just another ploy to keep from reducing the monies placed in the pockets of the big boys.
The insurance companies told auto makers to make a safer car so they made the passenger compartment of HSS.Then they told them front end impacts are hurting people so you have to do something about that.The auto makers reacted by making HSS front uni-body rails that collapse and deaden impact somewhat prior to reaching the passenger copmpartment.The insurance companies then influenced the NHSA and said this is not good enough we have to have front air bags to protect the consumer in the event the HSS cage and HSS rails do not protect the passenger so the auto makers did. To nobodies surprise all of a sudden the insurance companies started seeing more severe injuries from side impacts,as well as NHSA and they told auto manufacturers you need to make HSS beams in doors and curtain air bags to protect the consumer from side impacts so they did!
Bottom line is a car that cost relatively little to make and purchase is now a Bunch of recycled Beer and soda cans and isn;t worth the a hill of beans in a impact any fatser than 2-5 miles per hour.If smaller vehicle are hit at speeds any faster than that there is major damage.I mean after all what do you expect when bumper are made of styrofoam and plastic and the re-bars could be used as a fence post.
Bottom line is corporate greed has created this monster and the same will continue unless people open their mouths and say enough is enough. No more lobbying the elected officials (you'll notice I didn't use our because they really do not have the consumers best interest in mind anymore)from insurance companies period!
Stop the stock option bonus' and insurance companies will be financially sound.Simple economics!
Subject: RE: RE: RE: RE: What was the incidence of claims by vehicle
You are going to see more zebra cars. They will either get a recycled part if driveable,aftermarket and not paint it,have someone bump out any damage best they can or not get it repaired at all.
This is just another ploy to keep from reducing the monies placed in the pockets of the big boys.
The insurance companies told auto makers to make a safer car so they made the passenger compartment of HSS.Then they told them front end impacts are hurting people so you have to do something about that.The auto makers reacted by making HSS front uni-body rails that collapse and deaden impact somewhat prior to reaching the passenger copmpartment.The insurance companies then influenced the NHSA and said this is not good enough we have to have front air bags to protect the consumer in the event the HSS cage and HSS rails do not protect the passenger so the auto makers did. To nobodies surprise all of a sudden the insurance companies started seeing more severe injuries from side impacts,as well as NHSA and they told auto manufacturers you need to make HSS beams in doors and curtain air bags to protect the consumer from side impacts so they did!
Bottom line is a car that cost relatively little to make and purchase is now a Bunch of recycled Beer and soda cans and isn;t worth the a hill of beans in a impact any fatser than 2-5 miles per hour.If smaller vehicle are hit at speeds any faster than that there is major damage.I mean after all what do you expect when bumper are made of styrofoam and plastic and the re-bars could be used as a fence post.
Bottom line is corporate greed has created this monster and the same will continue unless people open their mouths and say enough is enough. No more lobbying the elected officials (you'll notice I didn't use our because they really do not have the consumers best interest in mind anymore)from insurance companies period!
Stop the stock option bonus' and insurance companies will be financially sound.Simple economics!