While doing some research to give some advice to a young man I learned that New Hampshire and Virgina do not require you to have auto insurance. This is news to me, and frankly it Suprises me. If any State didn’t require auto insurance, you would think it would be a red state. I guess New Hampshire…

I in view of the high rates charged by the insurance companies I actually considered registering my teenage son and his car with a No Insurance State but quickly realized that there ain’t no free lunch. Attorney’s fees of $300- $400 an hour which quickly mount up to 40 hours plus if you go to tria…

[image] Old-Days-Rick: Heck if I did have money, I may not carry insurance. Let them sue you! I don’t want to drive anywhere near you, Rick Your statement sounds very irresponsible and selfish

[image] db4690: I don’t want to drive anywhere near you, Rick Just get uninsured motorist insurance! It’s required to be on an auto insurance liability policy in Illinois.

I do have uninsured motorist insurance But that doesn’t change the fact that Rick’s earlier statement seems very irresponsible and selfish

[image] db4690: But that doesn’t change the fact that Rick’s earlier statement seems very irresponsible and selfish I don’t consider myself selfish but I’m a bit like Rick in that I don’t want to pay outrageous $60+ per month for liability insurance for an additional vehicle that is driven le…

[image] Beancounter: I in view of the high rates charged by the insurance companies I actually considered registering my teenage son and his car with a No Insurance State but quickly realized that there ain’t no free lunch. Check your local laws. In many states YOU can be held financially res…

If you’re filthy rich, then you don’t need insurance. You self-insure. People like Bill Gates have ZERO insurance of any kind. Not even his multimillion dollar homes.

[image] MikeInNH: If you’re filthy rich, then you don’t need insurance. You self-insure. People like Bill Gates have ZERO insurance of any kind. Not even his multimillion dollar homes. I believe many states allow you to self-insure if you have X number of vehicles, I believe the lowest number…

[image] TheWonderful90s: not wanting to let myself be ripped off by a government created monopoly The government did not create insurance companies, they regulate them. Each state has regs that constrain the companies. Insurance companies are not monopolies…A monopoly is a business that is t…

I always had to be sure to mention the good legislative work of aaa in the early century. I don’t know the answers but I suspect aaa. Was in there somewhere.

TIL There are 2 states that still do not require Auto Insurance

General Discussion

MikeInNH July 17, 2022, 1:23pm 22

Check your local laws. In many states YOU can be held financially responsible for your teenage sons actions.

Topic		Replies	Views
Virginia is finally doing away with the Auto Insurance Waiver Fee… General Discussion	36	2267	May 2, 2024
Car insurance... state mandated extortion? General Discussion	147	12968	February 12, 2023
I hope it's okay to ask a car insurance question here Driving/Drivers kia , sorento	31	2878	November 18, 2021
Why is insurance so hard to get? General Discussion	122	6252	July 5, 2023
When did State Farm change this? General Discussion	43	70173	June 6, 2016

TIL There are 2 states that still do not require Auto Insurance

Related topics