Wednesday, October 29, 2008

Should Insurance be Insured to All?

Insurance is one of our biggest concerns as a citizen because it is our safety net. It applies to many things in life today, ranging from over 150 types of insurance, but there are few we are primarily concerned with. Some examples are: auto insurance, car insurance, dental insurance, or health insurance.

It sounds great, that a company or somebody out there will be able to support us if we ever have an issue, but insurance is not free. We make steady payments overtime to provide the insurers money if we ever need their support. To the average citizen who has and pays their insurance without struggling to maintain stability economic-wise, they can sleep easier at night because they have a wall to lean on. If their car gets broken into or they get into a car accident, their car and/or auto insurance will help them restore their car. That is why our government strives for each of us to acquire insurance, so that we all have assistance in our payments if we ever need to.

But a fault in this theory are those who do not have insurance. A portion of drivers today have no insurance. When they get into an accident, they have to make the full payment in cash, but what if they can't? They might have the brilliant idea to go make a loan to repay what they owe. Or, we all pay more for our insurance to spot for those who do not have insurance. We wonder why some people don't have insurance for their own sake, but that is where their problems begin. Maybe they can't afford to make the payments, they lost their job and all their benefits, they're illegal citizens, or they are just flat-out lazy bums who seep through our laws. The fact is that most of us need insurance to help us pay off all our fees. Should the government be involved in insuring each citizen, at the risk of our economy today, or should they corrupt us even further?

1 comment:

t.nguyen said...

After reading the blog I would say it's overall a good topic and I would agree that insurance is one of the biggest concerns to a citizen. Auto, car, dental, and health insurance are our primary concerns and knowing you have insurance is great but not having it is pretty difficult to sleep through at night. I think the government should help citizens that show that they are trying like if they have a job and etc. Mainly they just want to don't want to insure people who has the chance of putting high risks into the government coverages. In conclusion, I think the blog was interesting but it could use a little more information.