Comment 32740

By arienc (registered) | Posted August 11, 2009 at 14:58:34

BTW Capitalist..insurance for a bicycle would be negligble...any company underwriting a policy would charge more for administering the policies than they could ever make in premiums. The personal injury liability per bicycle insured would be close to zero as bicycles don't generally cause very much damage to property or persons - unlike motor vehicles.

Comprehensive would be almost zero also...there's no point to paying for a policy with a $500 deductible on a bike that's not worth that much. Since bikes are currently covered under homeowners insurance

Basically you're asking to expand bureaucracy for the sake of saying that a cyclist has to pay for all the things a car does.

Kind of strange how a "capitalist" would even consider having a government step in and make such needless bureacuracy mandatory.

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