How Most Insurance Companies Strangle Automotive Enthusiasm (2017)

by LeftHandPathon 2/15/25, 11:31 PMwith 1 comments
by LeftHandPathon 2/15/25, 11:40 PM

Beyond the car culture issue, I thought it was interesting to see the direct line drawn between legally required insurance purchases and the preference for FIRE jobs over STEM jobs in the US. Several years later, a few of the author's points ring even more true - like outsourcing/offshoring affecting STEM jobs more so than other white collar jobs.

Seems like a good loose thread to pull to find some new ideas, regarding regulation and incentive structures in general.

Edit: My top quote from the article

> ...[A]t some point there is going to have to be a national conversation about the fact that our regulations are written to benefit the FIRE folks at the expense of the STEM people. It shouldn’t be less risky to insure a car than it is to design, engineer, build, market, distribute, and warranty it.