05-04-2019, 10:46 PM
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#2409
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I think this line's mostly filler.
Join Date: Jan 2003
Location: DC
Posts: 13,575
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Quote:
Originally Posted by Happy Monkey
I can see it being a group policy managed by the car company, but the car is constantly watching you to see if you violate their EULA.
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Quote:
Originally Posted by glatt
They would be stupid to not do it hat way. Elon Musk got his start with PayPal, revolutionizing payment systems, I can totally see him revolutionizing insurance too. You buy a car, you have to subscribe to their insurance plan too. Why haven't they done this already?
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Warren Buffett is not a fan of the idea. Musk is.
Quote:
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Originally Posted by Warren Buffett
“It’s not an easy business,” Buffett told shareholders at the Berkshire Hathaway annual meeting. “The success of the auto companies getting into the insurance business is probably as likely as the success of the insurance companies getting into the auto business.”
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