The entire point of insurance is to pay based on risk. Someone with a bad driving record should, and does pay much more for insurance than a normal person. An o

The entire point of insurance is to pay based on risk. Someone with a bad driving record should, and does pay much more for insurance than a normal person. An old person should and does pay more for health or life insurance. A wooden house costs more to get fire insured than a brick building. The point of insurance is not to let bad drivers get away with their bad driving. It's to make sure you aren't punished for bad luck. But if we can exactly predict the probability you will get in an accident, there is no luck involved, you are just a bad driver.