The kiddies driving faster cars are charged higher rates for one VERY simple reason.... they COST the most MONEY becasue of their simply APPALLING accident rate. It's THAT simple!
I do NOT want to carry an extra high rate for such IMBECILES so, any company who wants to, as YOU put it: "....spread the burden based across all policy holders...." will be losing the custom of those oif us whoi are just a BIT better at DRIVING..... those who have EXPERIENCE!
However, I am absoloutely CERTAIN you won't have suggested that (daft) idea without DEEP thought and you have clearly identified a FANTASTIC market from which a decent prfiot can be made but still supply CHEAP car insurance for kiddies in QUICK cars...... therefore, I suggest that YOU set-up that new insurance company.....
I am absolutely CERTAIN you will be FLOODEED with customers and you'll be able to avoid 'all descrimination' againt CR*P drivers...... and I am SURE that you will earn more than it cost you.....
Ahem.....
Of course, you are FULLY aware of the statistics on the amount that the average 'below 20 year-old' cost insurance companies and the average length of time a 'new driver' takes before they make their FIRST claim so none of the figutre will come as a shock to YOU........ will they....?
Ian
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