this post was submitted on 06 Oct 2025
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[–] SoftestSapphic@lemmy.world 57 points 1 month ago (24 children)

And if you don't pay it you can't legally drive a car.

I repeat, YOU ARE REQUIRED BY LAW TO GIVE A CORPORATION MONEY IN RETURN FOR NOTHING IF YOU WANT TO PARTICIPATE IN SOCIETY

Car insurance is a fucking scam.

[–] dondelelcaro@lemmy.world 4 points 1 month ago* (last edited 1 month ago) (5 children)

I mean, you could hold a few hundred thousand in a surety bond instead, but who can actually do that?

[–] MNByChoice@midwest.social 1 points 1 month ago

The USA has ~23 million millionaire households. So many people could do that.

It seems that one can pay a percentage of the bond amount as an annual fee, avoiding having to put up the fully amount. I have no idea if that is a good idea, and I have no finished reading the link I posted.

When would some want to do this over having normal liability insurance? Maybe if they drove very little.

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