Well, no, it’s all of us, because of how insurance works. Payouts go up, premiums go up. As long as the number of destroyed Teslas is a drop in the ocean we won’t notice, but lots of companies love a good excuse to put prices up and this is just handing them a gold plated excuse on a silver platter.
Yes of course that’d be their primary source. But if that doesn’t cover all the payouts then it’ll lead to a general increase in insurance premiums for everyone.
I honesty don’t think vandalism is covered under a lot of insurance policies.
Also I have yet to see a vandalized Tesla. It would be pretty silly for you to go vandalize a car as that’s not something you want on your criminal record.
Just a reminder that insurance is a scam. You are compelled to pay for it under penalty of law in the case of car insurance, and the insurance companies do everything possible to maximize their profits, being for profit companies. What this means in general is that people pay more into insurance than they ever get out. If they didn’t the insurance companies wouldn’t make a profit. The money you pay isn’t going into some huge fund that supports everyone who pays for it. If it doesn’t go to paying out claims now it goes straight to the insurance executives, or investors, or to “lobbying” politicians to keep the racket going. The day you stop paying out you get fucking nothing. All that money is just gone, for the pleasure of maybe having your claim paid out if your insurance company can’t weasel their way out of paying. Insurance is a scam, a bunch of penny pinching middlemen draining the world of human productivity and effort for their own benefit and nothing else. Any benefit a particular individual happens to get is a loss to be minimized to them.
Insurance is very much needed. If there weren’t that many reckless drivers then insurance would be cheaper.
I wish we had the same thing as in Singapore. Their cars literally cannot go over the speed limit.
But yes, when insurance is basically required to have, then it’s good to start having government participation in it. The government needs to be the majority stakeholder, as it also provides all of the customers.
I think the approach in Australia is a bit better - bodily injury coverage is provided by the state and is part of the registration fee for the car.
It’s not perfect and only covers injuries to people, and does not cover repairing cars (you need to get separate insurance from an insurer for that) but it’s a good first step I guess. It means that as long as your car is registered, medical costs for both you and anyone you hit are covered.
Yeah, CTP. I never drove or owned a car in Australia so I’m glad I got it right haha. I lived in Melbourne and used public transport all my life. I didn’t learn to drive until I moved to the USA.
It would be a scam if you couldn’t choose the company. However, you have plenty of options. Insurance also encourages better driving since things like tickets can cause price increases. There are some privacy concerns with insurance but that is a separate issue.
Oh and the whole concept of an excess. So I have to pay to have my car insured but if the damage to my car is less than a certain amount I have to pay for it? What’s the point of the insurance then.
My car is probably worth less than the excess anyway so if it was a total write-off I’d get a maybe five hundred for it, and that’s it
Committing insurance fraud is honestly pretty questionable from a ethics perspective. You are cheating the game at the cost of everyone else. Why are people ok with this now in 2025? In the last few decades it as become socially acceptable to cheat the system for your own gain.
I fully support the arrest and prosecution of those who commit insurance fraud. Same goes for companies who cheat there workers out of pay.
Would you/do you support what happened during the Boston tea party? I think we all like law and order, but under the current regime, justices are being found dead from mysterious causes. It’s hard to say it’s the same system of law we’re used to.
Recently, actually. They have no idealogical allies, no plan, no nothing. They’re not a voting block anyone cares about, nor do they have any actual positions to argue. I do not take their opinions seriously.
They definitely do have positions and beliefs. I am not sure how much you actually understand anarchism. Anarchist “nations” have even been established before, but they tend to get invaded sooner or later. While they do sometimes ally with Marxists you would be correct in thinking they have few permanent allies. Hence the getting invaded part I guess.
I’m willing to admit that I don’t know a lot about anarchism. I’ve tried to learn more when I have the opportunity to talk to someone about it, but I never get anything insightful.
I’d love to know more about how an anarchist society could work.
Honestly your asking the wrong person here. I would suggest maybe starting with Krapotkin or Bakunin who were some of the early anarchists. That or just looking up anarchist philosophy and history. Anarchists have a history fighting against both fascism and some marxist tendencies like the Bolsheviks.
So long as only victims are insurance companies and Tesla, I am okay with it. To be fair, they kinda deserve it.
Well, no, it’s all of us, because of how insurance works. Payouts go up, premiums go up. As long as the number of destroyed Teslas is a drop in the ocean we won’t notice, but lots of companies love a good excuse to put prices up and this is just handing them a gold plated excuse on a silver platter.
Well, they’d put the premiums up on tesla owners as the cars now carry increased risk.
Yes of course that’d be their primary source. But if that doesn’t cover all the payouts then it’ll lead to a general increase in insurance premiums for everyone.
At least I’d be getting charged more for a real thing and not the normal made up reasons behind price hikes.
I honesty don’t think vandalism is covered under a lot of insurance policies.
Also I have yet to see a vandalized Tesla. It would be pretty silly for you to go vandalize a car as that’s not something you want on your criminal record.
Just a reminder that insurance is a scam. You are compelled to pay for it under penalty of law in the case of car insurance, and the insurance companies do everything possible to maximize their profits, being for profit companies. What this means in general is that people pay more into insurance than they ever get out. If they didn’t the insurance companies wouldn’t make a profit. The money you pay isn’t going into some huge fund that supports everyone who pays for it. If it doesn’t go to paying out claims now it goes straight to the insurance executives, or investors, or to “lobbying” politicians to keep the racket going. The day you stop paying out you get fucking nothing. All that money is just gone, for the pleasure of maybe having your claim paid out if your insurance company can’t weasel their way out of paying. Insurance is a scam, a bunch of penny pinching middlemen draining the world of human productivity and effort for their own benefit and nothing else. Any benefit a particular individual happens to get is a loss to be minimized to them.
Insurance is very much needed. If there weren’t that many reckless drivers then insurance would be cheaper.
I wish we had the same thing as in Singapore. Their cars literally cannot go over the speed limit.
But yes, when insurance is basically required to have, then it’s good to start having government participation in it. The government needs to be the majority stakeholder, as it also provides all of the customers.
I think the approach in Australia is a bit better - bodily injury coverage is provided by the state and is part of the registration fee for the car.
It’s not perfect and only covers injuries to people, and does not cover repairing cars (you need to get separate insurance from an insurer for that) but it’s a good first step I guess. It means that as long as your car is registered, medical costs for both you and anyone you hit are covered.
I’m also Australian and what this person is saying is true
I beleive its called “CTP” or “compulsory third party insurance” if I recall correctly
You can get additional optional car insurance in Australia as well
Yeah, CTP. I never drove or owned a car in Australia so I’m glad I got it right haha. I lived in Melbourne and used public transport all my life. I didn’t learn to drive until I moved to the USA.
It would be a scam if you couldn’t choose the company. However, you have plenty of options. Insurance also encourages better driving since things like tickets can cause price increases. There are some privacy concerns with insurance but that is a separate issue.
Oh and the whole concept of an excess. So I have to pay to have my car insured but if the damage to my car is less than a certain amount I have to pay for it? What’s the point of the insurance then.
My car is probably worth less than the excess anyway so if it was a total write-off I’d get a maybe five hundred for it, and that’s it
I scares me the number of people willing to commit insurance fraud. I’ve had friends who would do things like park there car in a hail storm.
I mean, the environment is also a victim in that case
Insurance companies are never the only victim. They just pass the pain forward.
Committing insurance fraud is honestly pretty questionable from a ethics perspective. You are cheating the game at the cost of everyone else. Why are people ok with this now in 2025? In the last few decades it as become socially acceptable to cheat the system for your own gain.
I fully support the arrest and prosecution of those who commit insurance fraud. Same goes for companies who cheat there workers out of pay.
Would you/do you support what happened during the Boston tea party? I think we all like law and order, but under the current regime, justices are being found dead from mysterious causes. It’s hard to say it’s the same system of law we’re used to.
Have you never met any anarchists?
Recently, actually. They have no idealogical allies, no plan, no nothing. They’re not a voting block anyone cares about, nor do they have any actual positions to argue. I do not take their opinions seriously.
They definitely do have positions and beliefs. I am not sure how much you actually understand anarchism. Anarchist “nations” have even been established before, but they tend to get invaded sooner or later. While they do sometimes ally with Marxists you would be correct in thinking they have few permanent allies. Hence the getting invaded part I guess.
I’m willing to admit that I don’t know a lot about anarchism. I’ve tried to learn more when I have the opportunity to talk to someone about it, but I never get anything insightful.
I’d love to know more about how an anarchist society could work.
Honestly your asking the wrong person here. I would suggest maybe starting with Krapotkin or Bakunin who were some of the early anarchists. That or just looking up anarchist philosophy and history. Anarchists have a history fighting against both fascism and some marxist tendencies like the Bolsheviks.