Hello friends,

I have a harmless but very illegal hobby in my jurisdiction and if I get caught, I will spend some time in jail, lose my job and pay a hefty fine. I would like to buy an insurance that covers all the damages, i.e. lawyer, court, fines, compensation for time in jail, confiscated equipment and cash etc.

After months of research and pondering I came to the conclusion that such an insurance could and SHOULD exist right now!

Let me explain the idea with a short fictional story set in the near future:

http://z7735okcy6gggduobp6vjfcgwz4ss5eeduww7iw2agjmfgpjlnquezqd.onion

I’m looking forward to your honest feedback.

    • InsurgeonOP
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      14 days ago

      I don’t get the “lol” Isn’t this a pro-liberty forum?

      • BearOfaTime@lemm.ee
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        14 days ago

        What’s that got to do with companies being willing to insure illegal activity?

        Even if a company did, why would they pay out? You’d have zero legal recourse - you can’t enforce a contract that violates the law.

        • InsurgeonOP
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          14 days ago

          My essay explains how an anarchist insurance could function and how the incentive structure would be. Did you read it?

  • K0W4L5K1@lemmy.dbzer0.com
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    14 days ago

    The problem with this is your doing something illegal why would a legal company cover your ass when it could jeopardise their whole business just taking your money. Also insurance is a scam/pysop perpetrated by the state it self. So if it did exist it would be a honeypot 100 percent

    • Phineaz@feddit.org
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      14 days ago

      I see, an enlightened American (or not? I can hardly ever tell tbh). There are two very good models of insurance that I can think of right now:

      1. Obligatory, with fees based on income. Esp. health insurance.
      2. A situation where you absolutely cannot afford losing the object in question. An individual may never recover, but it is an extremely rare occurence, e.g. your house burns down. The cost spread over many shoulders is insignificant, but it ensures that no one is left with nothing. A third possibility are investment strategies, where an insurance uses the money to future-proof a system or sector - the incentive for good performance is that they have to pay for e.g. flood damaging if they don’t build proper dikes. But that can easily be done without insurance, by governance.
    • InsurgeonOP
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      14 days ago

      I care about morally right vs morally wrong according to libertarian ethics. I don’t care at all about “LEGAL” vs “ILLEGAL” in a fiat sense. Fiat-“illegal” has nothing to do with right or wrong. It just arbitrary rules written on paper by evil thugs without the consent of their victims.

      Therefore I can’t follow your arguments. Did you read my essay?