what if car insurance was taxed onto gas?

[draggoon01]

in one sense it would be bad because those who get into more accidents wouldn't be paying a higher rate that they should. but in another sense it would eliminate people driving without insurance.

maybe if those extremes were merged and there were insurance gas tax, but if you get into 3 accidents you are required to carry private insurance on top of gas tax.

 

[Grey]

Originally posted by: draggoon01
in one sense it would be bad because those who get into more accidents wouldn't be paying a higher rate that they should. but in another sense it would eliminate people driving without insurance.

maybe if those extremes were merged and there were insurance gas tax, but if you get into 3 accidents you are required to carry private insurance on top of gas tax.

Since my car insurance in NJ is currently 4,000. That would have to be some pretty damn high taxes.

 

[draggoon01]

could set up regional/state tax. of course there would be problem with people near border driving across town for cheaper tax, but overall could work

 

[StageLeft]

No thank you, my rate is below average and I have no interest in paying the same insurace as some stupid bastard who drives a 5 ton wrecking suv while yapping on their cellphone, drunk.

 

[ElFenix]

i nominate this post for bad idea of the day

 

[vi edit]

About the only way you could do it, would be to build it into the cost of tags/plates and make them renewed every year. Basically, on Jan 1st of every year, you get a new type of license plate that is specific to that year somehow. And then make everyone with a vehicle would be required to purchase that particular plate/tag to include insurance.

Of course, you'll have people fabricating false plates.

 

[Mr N8]

Originally posted by: ElFenix
i nominate this post for bad idea of the day

I second the nomination.

 

[draggoon01]

Originally posted by: ElFenix
i nominate this post for bad idea of the day

just throwing out a random idea.

but hey ElFenix you never posted another reply in the gamecube thread. was everything cleared up?

 

[Budmantom]

Originally posted by: MogulMonster

Originally posted by: ElFenix
i nominate this post for bad idea of the day

I second the nomination.

3rd

 

[TheBoyBlunder]

That would be some VERY expensive gas.

 

[damiano]

Originally posted by: Budmantom

Originally posted by: MogulMonster

Originally posted by: ElFenix
i nominate this post for bad idea of the day

I second the nomination.

3rd

4

 

[LordJezo]

Originally posted by: Grey

Originally posted by: draggoon01
in one sense it would be bad because those who get into more accidents wouldn't be paying a higher rate that they should. but in another sense it would eliminate people driving without insurance.

maybe if those extremes were merged and there were insurance gas tax, but if you get into 3 accidents you are required to carry private insurance on top of gas tax.

Since my car insurance in NJ is currently 4,000. That would have to be some pretty damn high taxes.

Word.

Same here.

 

[waggy]

this is a really really dumb idea.

what about people like me that have never got in a wreck? that have a clean driving record? that buy a safe car? that have multiple insurance accounts (house,car, motorcycle etc)? that have been with the same insurance company for over 10years? should i pay the same amount as a 16yr old kid that has gotten into a wreck and has 4 tickets?

what about people that get DUI's and reckless driving tickets? are we going to make them buy more gas? what if they own say a geo metro and are crappy drivers? should they get to pay less insurance then say a good driver in a SUV?

i think maybe you should rethink this. its a really really dumb idea.

 

[Grey]

Out of sheer boredom I did the math on this. I am sure the average policy cost would bring this down a bit. If this was by some lunacy put into place my gas would be $8.56 per gallon.

 

[draggoon01]

Originally posted by: waggy
this is a really really dumb idea.

what about people like me that have never got in a wreck? that have a clean driving record? that buy a safe car? that have multiple insurance accounts (house,car, motorcycle etc)? that have been with the same insurance company for over 10years? should i pay the same amount as a 16yr old kid that has gotten into a wreck and has 4 tickets?

what about people that get DUI's and reckless driving tickets? are we going to make them buy more gas? what if they own say a geo metro and are crappy drivers? should they get to pay less insurance then say a good driver in a SUV?

i think maybe you should rethink this. its a really really dumb idea.

those are factors that could be controlled with private insurance on top of gas tax. this is mostly an idea to eliminate uninsured drivers (although they may be more accident prone, it would get something rather than nothing out of them)

 

[StageLeft]

Something that is a good idea though is that to buy gas all gas pumps will have a passcard reader on them, and this passcard is issued on a basis based on how long you have renewed your insurance for. No insurance = no card = pump won't work for you, bitch!

 

[maziwanka]

Originally posted by: ElFenix
i nominate this post for bad idea of the day

indeed

 

[tnitsuj]

Originally posted by: Skoorb
Something that is a good idea though is that to buy gas all gas pumps will have a passcard reader on them, and this passcard is issued on a basis based on how long you have renewed your insurance for. No insurance = no card = pump won't work for you, bitch!

That would be sweeetttttt.

 

[wyvrn]

Originally posted by: Skoorb
No thank you, my rate is below average and I have no interest in paying the same insurace as some stupid bastard who drives a 5 ton wrecking suv while yapping on their cellphone, drunk.

Right, the current insurance system is already better. Companies charge the highest risk groups more, and good driving records get you good discounts. It is impossible for insurance companies to pick out individuals who are high risk beforehand, but they can pick out groups of people and it generally works well.

 

[skace]

So since I drive only a very little each week, that means my insurance would be very low also? That sounds like a cool idea. The more you drive, the greater your odds of getting into an accident, the more insurance you pay.

Maybe I'm looking at it wrong, ah well.

Companies charge the highest risk groups more, and good driving records get you good discounts.

Generalizing sucks

 

[draggoon01]

Originally posted by: skace
So since I drive only a very little each week, that means my insurance would be very low also? That sounds like a cool idea. The more you drive, the greater your odds of getting into an accident, the more insurance you pay.

Maybe I'm looking at it wrong, ah well.

yes.


i think many are looking at this the wrong way. obviously i don't want to pay higher insurance than any of you do. and you guys keep citing that you'll be paying for other people. but you're already doing that with uninsured drivers.

there are different variables that go into insurance rate. this idea is just a different way for paying. for varibales of distance and location you pay gas tax. for others, such as frequent accidents, or young male driver, you are required to have private insurance on top of gas tax. i don't see why you would in the end pay a different amount than you already do. it's just that you have to pay more up front at the pump, which may be what some of you can't get passed.

if anything the idea is to lower total yearly payment, by eliminating the cost of uninsured drivers from your insurance.

 

[notfred]

So, people driving motorcycles and hybrid cars get the cheapest insurance, then? If you buy an electric car, no insurance at all?

 

[draggoon01]

Originally posted by: notfred
So, people driving motorcycles and hybrid cars get the cheapest insurance, then? If you buy an electric car, no insurance at all?

private insurance on top of gas tax for motorcycles. electric cars only private insurance.

i'm not proposing gas tax eliminate all insurance.

 

[waggy]

Originally posted by: draggoon01

Originally posted by: notfred
So, people driving motorcycles and hybrid cars get the cheapest insurance, then? If you buy an electric car, no insurance at all?

private insurance on top of gas tax for motorcycles. electric cars only private insurance.

i'm not proposing gas tax eliminate all insurance.

well if you need private insurance for certain cars then whats the point?

oh what about different makes models? say should a Geo metro be insured the same as a BMW or such? hmm the more i think about it the more it sucks.

EDIT: Don't mean to rag so much on you. AT least you are thinking of alternatives to this.

 

[Maetryx]

Andrew Tobias' book, Auto Insurance Alert explored this idea a while back. At that time, he figured it would add about $0.40/gallon to the price of fuel. The basis of his idea went kind of like this:

- No fault, pay at the pump insurance
- No lawyers to pay, because it's NO FAULT
- All the cars involved are fixed, all the people hurt are given treatment
- If you WANT to sue someone in civil court (pain, suffering, blah blah) no one will stop you
- Younger drivers *could* be charged a surcharge at the DMV to make up for their higher accident rates
- But that's a little silly since someday they will be the older drivers
- Bigger, lottery style, private insurance could be purchased by folks if they felt like it
- Insurance companies would bid on insuring 5000 cars at a time pulled from the DMV records randomly (or in alphabetical order).
- A score card would be included with your registration so you could rate your insurance company. Low scoring companies would no longer be allowed to bid.

As it stands, about 40% of insurance premiums are actually paid out in claims (see Andrew Tobias' other book, The Invisible Bankers). Of that 40%, lawyers consume a big chunk. The consumers are suing EACH OTHER and the system is about as broken as it can be. It almost couldn't be more inefficient. There are group health insurance plans. Yet I have TWO DIFFERENT policies for automobiles because I own two cars. That's inefficient.