>The free market is required to accurately price the risk for each driver. That ... | Hacker News

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		bobsmooth on Dec 28, 2021 \| parent \| context \| favorite \| on: Want to be an actuary? Odds are, you’ll fail the t... >The free market is required to accurately price the risk for each driver. That same market means some will decide that not having insurance is a better deal. Tying insurance to something like drivers licences increases the cost of not having insurance. >I do not see how a state-provided solution would come up with "accurate" pricing for individuals. Can the state not hire actuaries?

gruez on Dec 29, 2021 [–]

>Can the state not hire actuaries?

yes, but a sibling commenter has weighed in how it turns out: https://news.ycombinator.com/item?id=29719762

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