The motorists are angry, very angry
The high insurance cost now, and the coming future, is making many motorists angry. And the fact that this is a mandatory requirement really is a pissed off. It is like legalising daylight robbery. It is not the point to tell the industry to reduce the insurance premiums. The govt must step in to stop the malpractice as the legal requirement for car insurance is from the govt. How can this thing be left to the insurance industry completely to decide how much they want to charge when it is obvious that frauds, abuses and malpractice are the cause. And don't forget that pay is also a major concern. How much is the cost going to the pay of the industry players? Big pay means big cost, don't ever forget that. Someone must pay for it. 8 month bonuses or 12 month bonuses or more?