subject: Keeping Your Eyes on the Road is Never Enough [print this page] Keeping Your Eyes on the Road is Never Enough
Most of the motorists are definitely not pleased with the services and privileges that the present automobile insurance system provides. As for the majority of the motorists who didn't like the services of this insurance, they have been writing angry letters to the Congress. They complain about the increase of the price of premiums, cancellation of policies without a logical explanation, and underpayment of claims. They are also unhappy about long waits for trial in court cases that takes 16 months for the average case, 5 years in some instances, and about juries that award astronomical damages to some accident victims and nothing to others.
Judges are unhappy, too, because accident insurance suits are taking up to 17 per cent of the courts' time. Courts are not only affected by this situation but major insurance companies as well, wherein the profitability of their businesses has been continuously decreasing. Congress prefers passing laws during election season, when the public demands for change, and when federal funds are not spent much. Those insurance firms who are basically in favor of this act are planning to advertise on TV and in print ads.
Errors will be minimized upon providing the right compensation for the injured victim, this new system will now be called no fault insurance. Instead, the victim or his family would receive compensation for his life, injuries or lost wages from the insurance company which covered the vehicle he was driving or riding in or which struck him. One person who was driving the car during the time of the accident should be liable for such incident. That frequently means that an injured person who was also negligent gets nothing. Probably what would transpire here is that two insurance companies would be your target bargains or this could also mean spending an amount which could have been given for the victim.
The system covering property damage resulting when two or more vehicles collide would be left just about untouched by the no fault system. Those kinds of problems are definitely a lot easier to solve, plus they are less costly. Try not to include the court in disputes, but according to the legislation, there are instances that it cannot be avoided. With this said, draft legislation would help by providing a list of issues that has to be solved in the court.
There would be more people who would die due to accidents and injuries according to the people who object the no fault scheme. Relieved of the fear that he will be punished by the cancellation of his policy for negligence, the argument goes, and the driver will drive less safely. The president of the American Trial Lawyers Association claimed that it is under the no fault insurance system that the guilty can get their money's worth. With this said the one who was at fault stood high as he received his payment with distinction, instead of granting this payment to the innocent.
The senator from Michigan, however, disputes that view. Definitely, he is sure that most of us would agree that driving safely is important especially if we put our insurance and the increased rates on the table. What could result from reckless driving above anything else could be imprisonment, physical injuries, damage to cars and sometimes inconvenience. He also said that it is the court and the police who have the right to punish reckless drivers, and as for the insurance companies, it is their responsibility to compensate the victims whether guilty or innocent. Likewise, a pneumonic person should be well taken care of by his health insurance company wherein he has to be assured that all his hospital bills will be paid.
