P2P insurer will pay your fines if RIAA sues: $19/year!

**lee551** · 06-30-2006, 04:29 AM

this probably belongs in filesharing, but i wouldn't take it too seriously. i figured more people would get a kick out of it here.

Wednesday, June 28, 2006
P2P insurer will pay your fines if RIAA sues: $19/year!
David sez, "Apparently, a company in Sweden is offering file-sharing insurance - they'll pay your fines if you're sued by the RIAA. The /. submitter translates the link as follows: 'For a mere 140 SEK ($19 USD) per year, they will pay all your fines and give you a t-shirt if you get convicted for file sharing.'"

I have no idea if these insurers can be trusted with $19/year, but it actually sounds like a pretty plausible business model. If you count up all the file-sharers on the net, and divide it by the all the fines and settlements ever paid to the RIAA, my guess is that it's way less than $19/year, which suggests that you could make a buck (or Kronor) at this. Link (Thanks, David!)

source
seen on digg

**tesco** · 06-30-2006, 04:38 AM

Sounds like a good idea and this could also go in the News section too.
If you don't post it there I will have to.

Anyway it's a good idea for those that are really paranoid and could help the p2p community because more people will be willing to FIGHT the RIAA.

I wouldn't go for it though since I'm not worried.

**Barbarossa** · 06-30-2006, 08:50 AM

Insurance companies, lol

**lynx** · 06-30-2006, 10:52 AM

Bet there's a get out clause that says you aren't covered for illegal actions.

**lee551** · 06-30-2006, 05:06 PM

just imagine if it worked just like you assumed it would. all the wreckless filesharing you could withstand! it would be even cooler if they provided insurance to filesharing websites (pirate bay, allofmp3, isohunt, torrspy etc.). that would be glorious.