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by dghlsakjg 703 days ago
There is no requirement for insurance companies to write policies or to sell them at reasonable rates. Try selling an uninsurable car, it’s really hard.

Or you require dealers to make a disclosure at the time of sale to the effect that the car does not meet modern security standards.

Incentives work both ways. Most new cars have the computer hardware to solve this problem with a firmware update.

1 comments

Uninsurable cars sell pretty well from what I heard from UK... Where they had large number of issues with Land Rovers. People only notice they can't insure something after they buy it...
And as a result, Range Rover has now increased security on new vehicles, have invested 8 figure sums in retrofitting older vehicles and have now started to offer their own insurance product -almost certainly at a loss- for owners that can't find separate insurance, according to this article (https://www.thisismoney.co.uk/money/cars/article-13024481/Ra...).

Sounds like the cars were made nearly uninsurable, and the manufacturer pulled it back from the brink, perfectly illustrating my point.