funsec mailing list archives

Re: Onstar - throwing the baby out with the bath water


From: Robert Graham <robert_david_graham () yahoo com>
Date: Fri, 20 Nov 2009 09:51:56 -0800 (PST)

--- On Fri, 11/20/09, Florian Weimer <fweimer () bfk de> wrote:
He should
have negotiated a reinstantiation fee and a new 12 month
support contract.

Um, no.

That's like letting fire insurance lapse, and then calling up the insurance company asking to reinstate it as you are 
standing outside in your pajamas watching your house burn down. Like insurance, OnStar uses the money from people who 
DON'T need the service to pay to support those who DO need it.

Any way you crunch the numbers, the "reinstantiation" fee must be prohibitively high, or everyone would let their 
service lapse until they needed it.

Much cheaper to simply throw a rock into a window.


      
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