Comment 87374

By arienc (registered) | Posted March 20, 2013 at 05:33:51 in reply to Comment 87304

And when I leave my car at home (on which I am already paying for insurance), this effectively subsidizes the other policyholders by reducing the overall claims levels.

Imposing an insurance requirement for cyclists will reduce cycling rates, increase traffic levels and automobile accidents, and thereby will also result in increased insurance premiums for motorists.

So in the end, we all lose - except for maybe the insurance companies. Is that what so-called capitalists who advocate unnecessary government intervention really want?

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