Driving Licence points have one winner: Insurance companies

Posted in April 3, 2007 ¬ 18:01h.RobinNo Comments »

Hardly surprising, but putting points on a person’s licence isn’t going to stop them speeding. Or at least, not the 3.7 million motorists in this study. It increased the insurance company’s profits by around $36 million, as they charge more insurance fees if you get points.
The way to stop drivers from repeat speeding offences, is to give them a court probation.

Economics

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