Abstract

Editorials

October 20, 1926 issue

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The article discusses about an experiment in compulsory automobile-liability insurance, that Massachusetts will begin in January 1927. Massachusetts' new law makes the protection of a car by liability insurance or bond a prerequisite to the granting of a license. It recognizes that society gives the car-owner a special privilege in permitting him to roam the streets with a dangerous machine, and in exchange for this franchise the owner must guarantee to replace life or property values injured by careless operation of his machine. Less than a third of American car-owners have thought it of sufficient importance to purchase. Yet millions of the cars which crowd in streets are operated by owners or installment-buyers with no financial resources whatever.

See Also:

LIABILITY insurance; AUTOMOBILE insurance; INSTALLMENT plan; LICENSES; LIABILITY (Law); MASSACHUSETTS; UNITED States
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