Servant Of The Light.

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.

I will use simple figures to explain the outline of the model, so 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 Cooperative Car Assurance.

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 value of their car, 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, tied into the bond payment, 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 law does not recognise this unlawfully imposed based method of subjugation as lawful; 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 the natural law demands of you.

To break that bond 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 exclusion from the assurance collective. It could further affect your surety bond, as if you encroach upon others they may claim remedy through the court.

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

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 remedy 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 remedy 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 if due, any partial loss of bond would have to be paid in addition to your share of topping up the collective pot.

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 10 ounces of silver plus 5% of the value of their car, let’s say all participants have the same car worth 200 ounces of silver so 5% is 10 ounces of silver, that's a total of 20,000 ounces of silver, as a collective bond. The bond value must be high to establish the duty of care required for dispute free driving and road use.

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 cost of 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 6 ounces of silver, that’s 6000 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 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 6 ounces of silver and wanted to leave after 6 months they would return to you 4.75 ounces of silver, plus your bond.

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

The protection given by the assurance would be at least the same as the fully comprehensive corporate insurance protection at a fraction of the cost.

The Cooperative Business

To establish the assurance part of the members bond of 20,000 ounces of silver would be used to fund the establishment of the cooperative car assurance business, with the other half paid by the mechanics who form the cooperative, the funds would buy a garage, and equipment.

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 of the 1000 members, additionally they would offer reduced maintenance and repair costs to all assurance members. 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 law, they could forfeit their investment, and lose their participation in the cooperative business.