Speaking of GEICO, has anyone seen their commercial which features the Gecko
in some sort of LBC (similar to a MGA)? Usually on Fox news (cable) here in
CT. When I first got my B two years ago they were one of the insurers I
checked pricing with but was told they *don't insure* MG's.
Mike
'79B
----- Original Message -----
From: "Chuck Renner" <crenner@dynalivery.com>
To: <mgs@autox.team.net>
Sent: Tuesday, August 20, 2002 3:47 PM
Subject: RE: Cops vs.LBCs
> > Not surprisingly, the insurance industry is a very
> > vocal advocate of automatic ticket-writing machines
> > such as "traffic enforcement cameras". The makers
> > of these machines usually provide them to the police
> > in exchange for a *percentage of the income* generated
> > by them. Everybody wins! The jurisdiction gets
> > revenue, the manufacturer gets profits, and the
> > insurance company rakes in increased premiums from
> > otherwise safe drivers. Everybody wins, that is,
> > except the driver, who's the victim of this money grab.
>
> In the case of red light cameras, I don't think the insurance industry is
> putting any money into them. Photo radar may be a different story. The
red
> light cameras are usually a partnership between the municipality and the
> manufacturer, Lockheed Martin. They install the cameras, process the
> tickets, and then just the send the city a check. When the revenues don't
> come in as expected, they make changes to the 'gotcha' zone in order to
get
> more people.
>
> The most famous donation by the insurance industry was when GEICO provided
> laser guns to many police departments. GEICO has a long history of
> exorbitant rate increases for violations, and has even cancelled policies
> when they found out the holder had a radar detector. These horror stories
> were hashed out a few years back in Car and Driver.
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