Insurers, Customers Divided

An article written in the Toronto Star this past Saturday Aug 23, 2008 indicated that there was a great divide between Insurers and Customers.

The insurance industry is looking for reforms to reduce cost pressure...otherwise there is going to be an average price increase of 18% in insurance premiums in 2009.

Meanwhile, many people are already feeling like they are paying too much for car insurance, while others want to receive more for what they are already paying. Feeling the most cheated and abused are the third party victims and their families. They argue that insurance policies do not cover enough as they struggle physically and financially from vehicle collisions.

To read the whole Toronto Star article click on the link above.

Car accidents...crashes...collision...wrecks...whatever you want to call them, they are a huge problem which not only affects our daily lives...like the incident that occured yesterday closing the 400 in both directions just north of Barrie...on a busy Sunday afternoon...!!! Collisions are a problem for the victims and their recovery, plus for the insurance company which spills over into the insurance industry as a whole...so what is the solution...???

How about re-training for drivers...not only those who have had incidences...but what about as a proactive measure...??

It has never been a popular notion for people to take a re-training program - if asked most people believe they are good drivers...they believe everyone else is at fault...!!! People will take golf lessons to improve their score or they will take music lessons or lessons to learn a new language to improve their skills, but something like driving they assume a program they may or may not have taken when they were 16 would be good enough to last them a lifetime...hmmm...that doesn't make a lot of sense...now if we somehow matched an improvement program with a reduction in insurance rates, it will not only motivate drivers to take the much needed re-training that we all need...but it might actually reduce the amount of incidences on our road ways...???