May 7, 2009 0
Arson isn’t the answer
By: Danielle Ulman
Not that you would do this, dear readers, but the Maryland Insurance Administration wants you to know that setting your car on fire for the insurance money isn’t the answer to getting out of auto debt.
We are apparently in the tail end of “National Arson Week,” and MIA Commissioner Ralph S. Tyler says burning up your car for the insurance reimbursement is “both dangerous and illegal.”
I guess that’s why some people hire someone else to do the job. According to the Wall Street Journal, the going rate for having someone else drop a lit match on your car is $500.


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