Insurance companies should get behind Right to Repair. We've so far waited three months and have an $11,0000 price tag to the insurance company on a minor collision that bent our car's front fascia and broke a sensor -- no frame or metal damage. I would have happily repaired on my own if possible just to avoid being without the car for so long. If only I could get those parts and have a decent service manual.
Insurance companies (of any kind) are not incentivized to find the cheapest service. Anything they pay out is passed on via premiums. Indeed, the more expensive service is better because a 2% profit on $1000 makes them 10x more profit than 2% profit on $100. There’s some competition here in that a marketplace of insurance companies can compete on the premiums so there can be downward pressure, sometimes. But for thin…
Health insurance companies are lambasted all the time for denying coverage for certain procedures or medicines or requiring prior authorizations to prove it is medically necessary or evidence based treatment.