A Usenet persona calling itself BCITORGB wrote:

Scott explains:
=================
In the mandatory liability policy model, when I cause a wreck, my
liability
insurer is liable for the damages, so my company will fight tooth and
nail
to deny the claim, defend me and my actions and place the blame on you,
and
you'll be lucky if you ever see a dime from my liability insurance
policy.
However, if YOU have insurance to protect YOU against harms caused by
others, then YOUR insurance company has to pay off and then try to
extract
compensation from me, or my insurance company. You're much more likely
to
actually get a timely settlement if YOU insure yourself rather than
trusting
to MY insurance company's altruism.
=============

In BC, MY company is YOUR company.

And therein lies the problem.

You'll only go to court if you don't
like the settlement OUR company offers you (been there, done that). In
the case of most minor bang-ups, there's not much of an issue -- get a
couple of bodyshop quotes, get the isurance company OK and then get the
job done.

Yeah, "No fault" seems like a fine thing until you consider that you're
paying WAY more for your no-fault insurance plan than you might have to pay
if you are a good driver and insured through a private company. That's why
Colorado dumped no-fault insurance. My rates went down more than 30% within
six months after they did so.

--
Regards,
Scott Weiser

"I love the Internet, I no longer have to depend on
friends, family and co-workers, I can annoy people WORLDWIDE!" TM

© 2005 Scott Weiser