Definitely, only a few motorists are satisfied with the automobile insurance system today.
This is definitely shown by the bulk of complaint letters that the Congress has been receiving from angry motorists.
Their topics revolve around increasing prices of premiums, sudden cancellation of policies, fear of cancellation of file claims, and underpayment of claims.
Also, they dislike waiting from 1 year and 4 months till 5 years just to have their cases processed, and they also hate the fact that insurance holders don't receive the same benefits as others do.
Judges are unhappy, too, because accident insurance suits are taking up to 17 per cent of the courts' time.
Also affected are major segments of the insurance industry for their profits have been decreasing.
There are basically three things that Congress prefers when passing laws and these are during election year, when no new federal expenditures is involved and when it is responding to the needs and demands of the middle class.
Those insurance firms who are basically in favor of this act are planning to advertise on TV and in print ads.
Errors will be minimized upon providing the right compensation for the injured victim, this new system will now be called no fault insurance.
Instead, the insurance company covering the vehicle that the victim has been driving or the car that the victim has been riding will be compensated and the amount will be given to the victim or to his family.
But someone has to be blamed for such accident, under the new system.
That frequently means that an injured person who was also negligent gets nothing.
With this, it could lead you to choose which between the two insurance companies is better, or this situation may also be brought to the court thereby spending a large amount of money which could have been given to the victim.
The no fault system does not cover the new system which is property damage that results to when two or more cars crash.
In solving those kinds of problems, they are a lot easier and less costly.
The main idea here is to not let quarrels reach the court, although the legislation recognizes a few court cases that really would require the help of the court.
A list of issues that cannot be solved by mere conciliation would be provided by the draft legislation.
A lot of people would die because of accidents and more injuries, according to those who do not agree with the no fault system.
Once the driver is not anymore afraid whether he will be punished, there is a possibility that he wouldn't be aware of traffic rules anymore.
The president of the American Trial Lawyers Association said that the ones found guilty of such case will only receive what they deserve to, under the no fault insurance.
The innocent should be receiving the payment instead of the one guilty.
But this perspective, sad to say, is not agreed by the senator from Michigan.
He said that what prompts people to be cautious in driving is when threats of loss of insurance or increased rates are set on the table.
What could result from reckless driving above anything else could be imprisonment, physical injuries, damage to cars and sometimes inconvenience.
The ones who are at fault should be punished by the police and by the court, while the victims should be granted with the rightful amount by the insurance companies, according to the senator.
Just like a person with pneumonia, the health insurance company would not give second thoughts in providing this person with the amount to pay hospital bills.