Eric Crampton wrote:
> They offer a program encouraging people to fight traffic tickets. Members
> who challenge their speeding tickets in court and lose are compensated for
> the cost of their ticket by the Association. While one might expect
> adverse selection to bankrupt the organization (or to make them change
> their policy), it's still going strong....
I suppose they don't pay the higher insurance premiums - probably 80-90%
of the full amount you pay for a traffic offense.
--
Prof. Bryan Caplan
Department of Economics George Mason University
http://www.bcaplan.com [EMAIL PROTECTED]
"He wrote a letter, but did not post it because he felt that no one
would have understood what he wanted to say, and besides it was not
necessary that anyone but himself should understand it."
Leo Tolstoy, *The Cossacks*
