As the costs of insurance and property taxes inexorably climb, they’ll reach a point when people will have to give up their cars and houses. From Eric Peters at ericpetersautos.com:
Everyone who buys groceries knows how much more the same groceries cost after four years of the Biden Thing. The cost of car insurance is another way to gauge our enserfment.
Two years ago, the mafia family I had been sending money to because the government will punish me if I do not send it money – hence mafia – demanded $125 for a government-mandated liability-only “policy,” as the thing I get in return for the money extorted from me is styled. Meaning I get nothing for what I am forced to pay. But much as I object in principle to me or anyone else who hasn’t harmed anyone being made to pay for harms we might cause, at least what I was being forced to pay for the state-mandated minimum coverage (which provides no coverage for me or my vehicle; it only covers damage I might cause to someone else/their vehicle) wasn’t much.
It has become a lot.
It is now almost $300 for the same “policy.” In other words, the cost has almost doubled over the course of just two years.
Part of the increase, no doubt, has to do with the mafia seeking to recover costs incurred by others; specifically, the costs for repair/replacement of new vehicles that cost on average close to $50,000 – an increase of about $15,000 vs. about four years ago. It does not matter, of course, that I do not own and did not buy one of these $50,000 vehicles. Nor that I have not damaged one. The possibility that I might damage someone else’s $50,000 vehicle is a justification – one of them – for jacking up what I (and probably you also) are forced to pay. In italics to take note of the fact that it is precisely because of the forcing that the mafia can make us all pay for all these costs we did not incur and harms we have not caused.
