Mad Mike
Well-known member
It doesn’t cost insurers in Ontario, payouts become part of their payout costs, which are used to determine their rates.
The just pass the cost along to policy holders.
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Law Enforcement - The Good, The Bad, The Ugly.....
- Thread starter Paul
- Start date
The just pass the cost along to policy holders.
With added margin. The more get stolen, the higher their top and bottom line.
Which is also why the previously mentioned scheme of theft insurance for new purchases would be pointless. Costs would merely be increased to cover the costs.
It's not pointless at all. If Toyota makes things easy to steal, that is a big cost that gets added to their products. That is a huge competitive disadvantage compared to companies that give a crap about security.
Mad Mike
Well-known member
Theft insurance supplied by auto manufacturers would be commensurate with risk, not like your auto insurance which shares a large part of risk across all policy holders.
For further clarity, if GM made Silverados so hard to steal that thefts were near zero thefts, GM would pay near zero to cover theft on that car. If 1 in 5 Tundras were lost to theft, Toyota would find themselves paying >20% of the cars value to insure each Tundra.
Those costs would be passed along to consumers. But how many consumers are willing to pay that premium?
If none of the manufacturers implemented solutions, would anyone desiring a new vehicle have any choice? It's not like we haven't seen that sort of thing elsewhere, in the past.
Some are already miles ahead. To be honest, I would expect manufacturers to improve their cars not pay a 20% insurance premium. That has a better outcome anyway. The intermediate step could be back to physical keys and if you want keyless you pay for both the tech and the insurance (until they improve it).
But they wouldn't be paying a 20% premium. They would be taking a 25% premium from purchasers, skimming 5% as a "convenience fee", then passing the 20% on to the insurer.
Which is perfect. If Toyota adds 25% and GM doesn't, Toyota will fix the issue almost instantly.
Like I said, above, if none of them bother then there's no other choice. We've seen such non-collusion collusion in many industries, before.
Mad Mike
Well-known member
Perhaps. Then consumers pick.
I’m sure if there was a $5k incremental cost, manufacturers would get busy fixing the problem, for additional margin or competitive advantage.
It would also anttach all the direct burden to the car, not spreading it over the base of insurance buyers.
As expected, charges against more murderous cops were dropped. They literally mowed down a toddler with rifles so SIU had to get them charged but there is no appetite to actually effectively prosecute. Wait until the uproar dies down and then drop it. Meanwhile, they've all been on paid vacation for four years.
www.cp24.com
EDIT:
Again, all cops refused to testify as is their right. Imo, that's fine but should be grounds for immediate termination. If you aren't willing to justify your actions that caused a death, you should never again be in a position that allows those actions to occur.
Toronto, Canada & Global Breaking News – CP24
Most recent News News business news stories and video from CP24
www.cp24.com
EDIT:
Again, all cops refused to testify as is their right. Imo, that's fine but should be grounds for immediate termination. If you aren't willing to justify your actions that caused a death, you should never again be in a position that allows those actions to occur.
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This article has more details about the incident... Some you probably haven't heard before.
www.thestar.com
‘Does he have the son?’ Recordings reveal chaos, confusion as charges dropped in fatal OPP shooting of toddler
Three OPP officers were not aware 18-month-old Jameson Shapiro was in the driver’s seat when they fired upon his father, who was holding a gun, prosecutors said in an Oshawa court on Monday.
www.thestar.com
justride
Well-known member
"Does he have the son"
Wasn't this an AMBER ALERT
Wasn't this an AMBER ALERT
'There's a child in that vehicle,' officers told before fatal shooting of toddler and father, audio reveals
Dirty Frank
Well-known member
Project paranoid who the hell names these things?
They should be more realistic and use the moniker released on own recognizance.
They should be more realistic and use the moniker released on own recognizance.
TK4
Well-known member
Dad was a whack job, the cops were caught out in an untenable situation. I can't lay blame, this was just plain tragic.This article has more details about the incident... Some you probably haven't heard before.
‘Does he have the son?’ Recordings reveal chaos, confusion as charges dropped in fatal OPP shooting of toddler
Three OPP officers were not aware 18-month-old Jameson Shapiro was in the driver’s seat when they fired upon his father, who was holding a gun, prosecutors said in an Oshawa court on Monday.
Yup. The article raginduck posted was good. Back to siu sucking nuts. It jeopardizes nothing other than the ability to aim the narrative if you release facts as they get documented. They knew from the first day that the shots were well placed and not the expected spray and pray. Siu needs to pattern after ntsb and maybe they would regain a shred of credibility.
The main difference being that NTSB is looking for causes for what happened, to make sure that it doesn't happen again, while SIU is looking to see if there will or won't be a prosecution. Releasing evidence can be seen as poisoning the jury pool, which could jeopardize prosecution. Different goals necessitate different models.
Fair enough. In that case SIU should publish their entire report the day they decide that charges aren't warranted. Instead they keep the cloak of silence over everything.
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