In the USA, how do ya make your own auto insurance (as if you're the company yourself) even if you don't own _

your own auto insurance company, and have the government recognize it as at least a legal liability insurance company (as a way of saving money from the high cost of actual insurance companies, especially if the cost by them has gone up and up...), but also limit the amount someone can get from you if they have a lawsuit against your own little self-insurance box you have going there?





Hey! I have heard of people doing this, seriously! But I don%26#039;t remember if it was auto insurance or just health insurance, for sure. So anyway... how do ya do it and get it recognized where it needs to be (since at least liability auto insurance is required by law here)?








Come back and see my responses to your answers, okay?





Thanks.
In the USA, how do ya make your own auto insurance (as if you%26#039;re the company yourself) even if you don%26#039;t own _
You must post a cash bond, a big one $$$ You can check with your Dept. of Motor Vehicles to find out how to do this. Your own auto insurance company ? Get real.
In the USA, how do ya make your own auto insurance (as if you%26#039;re the company yourself) even if you don%26#039;t own _
yes you have to have at least a 50 000 bond to not carry insurance
Reply:It would require more money to do it your way , then it would be to buy insurance.forget it.
Reply:You can probably do it. For starters, All you would need is several dozen million dollars, and about 12 lawyers.
Reply:YOu are not the only one,I have ever met the similiar problem before.I have good experience here though.http://health-insurance.online-tips4u.in...