why are vehicles insured, instead of people/drivers?
In: Culture
I some countries it’s actually both. The vehicle is insured, but the insurance won’t cover driver liability, so the driver needs their own insurance too.
The biggest variable in insurance is the performance and value of a vehicle.
If the person was insured irrelevant of what vehicle they drove they would have to pay for insurance to cover the highest spec car available in case that was what they were driving at the time.
Assuming every vehicle owner follows the law and insures their vehicles, making insurance follow the vehicle instead of the driver ensures that every vehicle that could be driven is insured. It’s also easier to ensure compliance with vehicles being insured than drivers – for example, no insurance, no registration or tags (license plates) – a very visible signal that there’s something not right with a particular vehicle being on the road. But there’s no way to know at a glance if someone driving down the road is insured.
Some countries separate drivers and vehicles and and each obtains insurance separately. Even in the US which mandates insurance on vehicles only, drivers who don’t own cars can still purchase auto insurance that covers their personal liability above whatever the limits of the insurance is on any particular car they may be driving.
– Some cars are more valuable than others
– will cost more to repair
– have a higher risk of theft. More desirable
– easier to steal. Weak security features
– some cars are faster. Higher risk of crashing
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