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Originally Posted by Sox
Why?
If someone doesn't wish to have insurance that's there choice.
If you are that concerned, then the responsibility is on yourself to insure your own goods.
I have a very good friend in QLD who insures nothing. I've also had many discussions with him about running into expensive vehicles, etc. His answer is simple and always the same, if it's his fault he'll pay, however he'll be damned if he'll pay for insurance which he may never use.
Rick.
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I hope your friend has protected all of his assets in someone else's name
There are plenty of vehicles on the roads these days that top out at $70 - 100k., and to be at fault and uninsured when bingling with one of those will bring you a world of legal hurt. Last time I looked ( about a week ago ;-), I pay almost $20K a year on house, business, business interruption, health and disability etc etc.
Steve