Posted: Sat Jul 08, 2006 10:17 am Post subject: No-Pay, No-Play
No-Pay, No-Play
The idea that people who don't buy coverage should not receive benefits. Prohibits uninsured drivers from collecting damages from insured drivers. In most states with this law, uninsured drivers may not sue for noneconomic damages such as pain and suffering. In other states, uninsured drivers are required to pay the equivalent of a large deductible ($10,000) before they can sue for property damages and another large deductible before they can sue for bodily harm.
Posted: Fri Feb 23, 2007 4:41 am Post subject: Yes!!
Yes, the No Pay-No Play plan always plays a key role towards reducing auto insurance costs. Under the present scenario of claims and payments in the Insurance market the auto compensation costs are bound to lessen by upto 6% as per the latest auto rules in Texas. Regards, Fatman.
Posted: Fri Feb 23, 2007 5:03 am Post subject: Certainly!
Hi, No Pay-No play is certainly important. If you see the difference of compensation costs from the auto premiums in the texas auto insurance history you'd be amazed to see a resulting 3% drop in the auto premiums for the Texas based drivers. Thanks for putting your queries across to us! ArindamSenIndies
Well, this is a little one side... so I'll play devils advocate
No Pay No Play sounds good if you don't look to hard at it. Question... don't states already have laws against driving w/o having insurance? If they are not strong enough, why not simple increase the penalties? After all, those laws _specifically_ deal with this issue of no insurance.
Now... your mother is sitting at a red light and someone comes speeding up at 80mph and rear ends her vehicle. She suffers major injuries and you are by her side in ICU the entire time. Well, turns out she forgot to pay her insurance bill and her policy lapsed. Should the other person then not be responsible for his/her actions? My point is that they have _nothing_ to do with each other! Not paying your insurance bill on time and continuing to drive has _nothing_ to do with the accountability of others.
People have mentioned a reduction in insurance premiums. Gee, that sounds wonderful..... but what does it have to do with the subject? It only means insurance companies are paying less in claims. If you relate this to No Pay No Play, then the reason is still that simple... insurance are having to pay less as people are (still) driving without insurance. So the law simply benefits insurance companies.
Lastly, what if an uninsured person hits you. What does No Pay No Play do then? Answer... absolutely nothing.
So is No Pay No Play a good answer to the problem of people driving without insurance? Nope. Would strictly enforcing the no insurance laws on the books help? I'm betting yes.
Posted: Fri Aug 24, 2007 6:45 pm Post subject: NO PAY NO PLAY
Does anyone know which states have this statute ?........Please respond quickly...... _________________ Register Now to have your Insurance queries solved.
Posted: Thu May 22, 2008 2:58 am Post subject: insurance company cancel my insurance
my insurance company cancel insurance after i paid befor a check bounce in cash and the insurance company back dated my policy. what can i do _________________ Register Now to have your Insurance queries solved.
Posted: Thu May 22, 2008 3:52 am Post subject: insurance
I don't know if the state of PA has this, but..I CAN tell you this. If you are uninsured and get into an accident, you WILL pay MAJOR fines, you WILL lose your DL and you CAN go to jail. However....yes, there are STILL people ( uninsured and NO DL) that drive all of the time.
