Servant Of The Light

Version 2 - 8^th December 2012

Bonded Car Assurance

Corporate Car Insurance

If you consider the ever increasing cost imposed by the monopoly of car insurance corporations upon the masses and the obscene profits that this generates for the elite who instituted this system upon us, at present you have no choice but to suffer their corporate based model.

Using simple figures I will explain the outline of the model, let us say on average a person pays £500 a year to insure their car through the corporate system, and if they claim on their policy it would increase substantially the following year, this is to maintain the 80% profit margins the corporations have established.

The Bonded Cooperative Car Assurance.

Chart one

An annual cost must be paid to cover the claims plus the small cost of administration within the collective, each man or woman creates a risk to the other members within the collective, so initially a figure is worked out based upon the highest value of any car they expect to drive, and the experience and duty of care record of the driver.

This duty of care is essential to maintain low claims and so low costs of assurance to the collective.

The duty of care is established within a unilateral bond of behaviour signed and witnessed when joining the assurance collective, which is tied into the bond payment; this is a lump sum at risk if the bond is broken.

The corporate model uses legal codes imposed through the force of arms to intimidate drivers to act with care for other road uses, the natural inherent power of an individual does not recognise this inequitably imposed method of subjugation as just or equitable; instead agreement must be created individually by each road user, as an act they themselves give full acknowledgement to, through a unilateral agreement, which is an agreement of behaviour that you bind upon yourself, you sign it, you agree in full to act according to the duty of care for all those around you, demanded by reason within the dynamic of the assurance bond.

To break that bond, which is created and imposed upon yourself by the signing of the witnessed unilateral bond of behaviour, ‘if proven’, could result in the partial or total loss of the bond payment, and even exclusion from the assurance collective. It could further affect your surety bond, as if you encroach upon others they may claim relief through the court of arbitration.

The unique number of your bond is displayed clearly on the car, allowing others to note the number in any dispute, this requirement of the inherent duty of care for those around you, also makes the skill to drive safely within the community a prerequisite of taking out both a bond, and being within a car assurance collective.

How the Bond Works

For example if we take the simple thoughtless act of you parking in front of my driveway and blocking my access, you have broken your bond by encroaching upon me, and I can seek relief if you are a bonded driver through your assurance collective, by taking down a copy of your bond number from your car and immediately informing them of the problem they would quickly remedy the situation for you, removing the car within a short time, if you were outside of your own assurance collectives area another collectives administration would do it and bill your collective. The cost of that relief would be taken from your bond, if your bond is used completely your protection would be suspended until the bond had been restored to its full value, or when the annual renewal of your protection was due, any partial loss of bond would have to be paid in addition to your share of topping up the collective pot.

If the driver blocking the driveway was not within a collective assurance bond, but the drive blocked in was a collective member, the collective administration could move and abandon the car in a public car park, the cost absorbed collectively, giving the inconsiderate driver who blocked a driveway equal inconvenience.

Sticker Inconvenience

People are selfish, they care little for the inconvenience they impose upon others, one simple remedy is to visit that inconvenience back upon them, a method of aversion therapy.

If someone parks in front of your driveway blocking you in for example, and you have no other recourse; you place a sticker on their window screen, the sticker adhesive is designed to be very difficult and messy to remove, taking considerable time and effort to clear away, this imposes the inconvenience and effort for the inconsiderate driver of having to remove the large sticker from their car, which in bold print let’s all know how they have acted. Written on both sides of the sticker are words of a declaration, here’s an example.

“The driver of this car demonstrates in their manners of conduct, contempt and disrespect from those around them; they act without regard, nor consideration, inflicting their selfish actions thoughtlessly. In future the driver may be more considerate, after the inconvenience of removing this punitive sticker. Always consider those around you!”

Forming the Collective

Once a collective of people is formed, wishing to assure protection for their car, (for this example and ease of reckoning let’s say 1000 local people join), each of them, then pays a bond of 27 ounces of silver in refundable bond, plus an initial annual premium of 5% of the highest value of any car they might drive, (for ease of reckoning) let’s say all participants have the same highest car value  of 200 ounces of silver, so 5% is 10 ounces of silver, that's a total of 37,000 ounces of silver, as a collective premium and bond. The refundable bond value must be high to establish the duty of care required for dispute free driving and road use.

It is not the car that is assured but the driver directly, so they are assured for whatever car they are driving, up to an assured value, the higher the value the higher the cost of assurance as a share of the risk within the collective pot.

The bond is returnable, so for example if you move to a new location you can transfer your existing bond to a new assurance collective, or recover your bond in full. The assurance collective would ideally be administrated through the local repository. The reason it would be an advantage to transfer your assurance is because it functions upon a local garage system, the collective is formed around the remedy; this means the garage that repairs the damage to the cars is integral to the assurance, as you are assured of high quality workmanship, parts and accountability, and the costs are low, maintaining minimal annual assurance premiums.

The cost of the assurance would be paid annually, the initial payment being the highest, with all subsequent annual payments simply the topping up of that initial payment to its original value. Let’s say the initial payment is 10 ounces of silver, that’s 10,000 ounces in the collective pot.

On average a driver has an accident every 7 years, only half of these are the fault of the driver, so only half would be claimed from the assurance collective, the other half would be claimed from the party at fault, this means out of 1000 drivers on average only 72 accidents will be claimed in the year, if you add in uninsured drivers this would rise to say 100 claims.

If each claim cost on average 25 ounces of silver it would mean that at the end of the year claims and administration would have cost 2500 ounces of silver, so each member would need to pay on average 2.5 ounces of silver to maintain the value of their annual cover.

If you wished to leave the assurance collective for whatever reason, you would recover your unused silver, so if you’d paid 10 ounces of silver and wanted to leave after 6 months they would return to you the remaining proportion of your premium that had not been used in claims to that point, let’s say they’d return 8.5 ounces of silver, plus your bond.

All the figures are only examples the true costs would have to be determined.

Comprehensive Assurance

The protection given by the assurance would cover the cost of claims that were third party, fire and theft, and the costs of fighting for the recovery of costs of your repairs from an accident where the other driver was at fault, these claims do not later demand an increase to your specific annual premium costs. However if you were ‘proven’ to be at fault breaking your bond, for example driving while intoxicated, or knowingly driving a vehicle that was not fit for purpose i.e. a danger to those around you, the full bond is forfeit toward the cost of the claim; the bond would have to be paid again when your premium was due plus the full costs of the claim/s against you from the accident that broke the covenant of your unilateral bond. If you subsequently had another claim that was again your fault in a manner that broke your bond the claim would be honoured in regard to your victim’s claims, but your membership of the collective would be permanently terminated from that point.

Comprehensive assurance which covers your fault, my fault, and no one’s fault accidents but not claims that break the covenant of your bond, can be applied as a subset of the main collective, the burden would only apply to costs outside of the basic collective assurance. Those wishing that shared risk can form a sub group, so that if you are at fault the burden of the claim is taken from the bonds of those within the comprehensive subset, and the bond are topped up with the annual premium.

The Symbiotic Cooperative Business

To establish the practical relief need to repair the damage created from accidents, the members bond of 37,000 ounces of silver would be used to fund the establishment of the cooperative accident repair and garage, with a percentage of the cost paid by the mechanics, (through agreement with the repository administrator and the founding assurance members) that would form the cooperative, the funds would buy a garage, and the equipment needed to accomplish the tasks demanded within that business.

Although the bond would not exist in full any longer to be returned to all involved, it would be maintained because as people left others would join so the bond would remain constant as long as people required car assurance. If the collective folded the mechanics of the cooperative would be bound to repay the silver, if they refused the garage and equipment to the value of the outstanding bond would be sold.

The repository administrator controls the payment of claims and the bonds.

For a 1000 member collective, it may take three of the best, most trusted and highly skilled mechanics known locally that can be found to invest within the cooperative, each of which should ideally hold a good surety bond, and would be required to sign a witnessed unilateral bond of behaviour specific to the assurance cooperative business.

These mechanics would be needed to maintain the claims (in our example) of the 1000 members, additionally they would offer reduced maintenance and repair costs to all assurance members, held to account through a witnessed written agreement. This increases the quality of repairs and lowers costs of claims for the collective, also it maintains local community.

If a mechanic wants to leave the business, another mechanic would have the opportunity to buy into the cooperative, but only if all other mechanics within the cooperative agreed to the new member, the retiring mechanic would recover their original investment, but only the value of equipment and infrastructure at its present value, plus any additional investment he had made, this would be paid by the mechanic replacing him; an apprentice method would work best.

An assurance collective would be divided into two assurance collectives if numbers joining grew too large, as a cooperative greater than twelve causes disharmony, so if the cooperative grew to twelve mechanics it should be divided.

If the mechanics do not honour their unilateral bonds of behaviour, and act dishonestly, breaking their signed agreement, if proven in equity, they could forfeit their investment, and lose their participation in the cooperative business.

Personal Injury claims

Personal injury claims can be very expensive in the present structure of corporate courts, around 70% of motor insurance personal injury claims arise from whiplash injuries, this high cost is due to the legal system which has developed a culture of compensation claims.

PI Claims have increased steadily, in 2005-6 there were 466,097 PIC in the UK by 2009-10   it had increased to 674,997 annually.

The number of personal injury claims now far outstrips the number of accidents, as often both the passengers and the drivers claim. The majority of whiplash claims are fraudulent.

This rise in PIC is linked to the introduction of conditional fee arrangements (otherwise known as 'no win, no fee'), which accounts for the significant and continuing growth in the number of claims. At present 10% of all premiums go to pay the legal costs manufactured by the parasites of no win no fee businesses, who actively encourage fraudulent claims.

There is evidence that switching to no fault insurance can reduce personal injury claims and, therefore, premiums. But the most powerful method is in exposing the fraud. Firstly the refusal to deal with any third party representative unless the claimant is either too young to be responsible or mentally incompetent, forcing the fraudster or honest claimant to communicate directly with the assurance administrator; secondly examination by an honest medical expert, refusing to accept the possibly corrupt medical diagnosis of unproved or untrustworthy sources; finally the prosecution of all proven fraudsters in a court of equity, to recover costs and if the fraud is a member of the assurance collective, their termination and permanent exclusion as a member of any bonded assurance collective.

When a claim is proven to be honest, a full settlement in line with the standard court award at that time, in similar cases, should be established without the need for arbitration, if this is refused as equitable by the complainer only a court of the living, free of the law merchants, can arbitrate equitably based solely upon the innate axioms of the land, this being the ideal court, with a jury and the inherent power of the individual as a basis, removing all presumptions of law and fact from the outset, with all fees of any representative paid by the complainer, and if another represents the claimant in court a written witnessed and signed declaration that they are either too young to be held responsible, or mentally incompetent so requiring another to represent their interests, with the maximum fee of any representative in line with an hourly rate of a competent administrator, and with a detailed breakdown of hours worked and task accomplished.

Assurance networks

Collective members of an assurance cooperative should always remain local and bound to the symbiotic relationship of the mechanics and garage to provide trusted and reliable relief to claimants; this limits the scale of each collective to the ability of the garage to provide this service.

Injury and death claims against a member could be very expensive, to offset this risk a network of collectives can share this cost, benefiting all within the collective assurance protection, by reducing the personal cost of such claims upon a small number of members, instead spreading the burden upon a huge number, through the network of all assurance collectives.

The cooperative assurance system is based in true cost of assurance, free of added hierarchical profits of the corporate structure, and is therefore exempt from the fictions of legal codes and regulations that the corporate structure invents; it is based in reasoned agreement and equity.