Should car insurance companies be able to deny coverage because of a preexisting condition.Posted by: xhammy
Your car is damaged, you sign up for new insurance, they say "were not going to cover that it happened prior." Should this happen?
Yes! It would hugely inflate the cost of insurance and if you already have a broken car and want the company to fix it that's not insurance.
No. They need to cover anyone even if the accident happened before signing up.
I see what you did here. Yes, absolutely they should! If a person is beyond fiscal sense to insure or has shown a tendancy to make claims too often they should be paying a more proportionate amount for what burden they are placing on the rest of the insurance holders. If you don't make corrections like this, customers leave your pool because of high premiums. Companies should be able to make the call as it pertains to their business' (and ultimately their customers) livelihood.
Does anyone seriously want to take the other side of this argument? Perhaps we should also allow someone whose roof is damaged to go his neighbors and demand that they help pay for it. OK, so I never bothered to take out insurance. Now you help me pay!
So long as you're not trying to draw a parallel between this and health insurance... When you own a car, you buy insurance or you don't drive. Any problems that came with the car are yours to handle. It's why people warn against false economies with cheap cars. Insurance is usually based on the car model and year though, aka: how expensive are these parts to replace if you get in a crash. They don't do routine repairs for you, they only cover accidents.
Now i see were this is going I changed my mind. All people should be insurable,a preexisting condition needs to be reflected in the premium but capped. Other wise it's one claim and your on your own.