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How does that system account for the risk level being so much more dependent on the driver than on the car?
by delecti 9y ago
How does that system account for the risk level being so much more dependent on the driver than on the car?
- gambiting 9y agoI does not. In fact, it explicitly assumes that the risk depends only on the car - insurance on a 500bhp car will be a lot greater than the one on a 100bhp car, even if the owner of both is a 50 year old lady with a perfect driving history. As I said - the law guarantees that the insurance cannot differentiate between drivers, so letting your 18 year old son drive your 500bhp range rover has no impact on your premium. Tbf - it self regulates to some extent. My dad wouldn't let me drive his car, because he knew that if I crashed it he would lose all of his discounts and pay a lot more. So even though I technically could drive his car and be insured, he wouldn't let me as that was a financial risk to him.