- May 28, 2007
British insurer says speed cameras are killing the points rating system
Britain's installation of more speed cameras and the swap to digital means they'll catch even more speeders. That's good for the treasury. According to British insurer Swinton, it isn't good for the points system that insurance companies use to set premiums -- there are too many people getting more and more points to make it a useful criteria. So Swinton says it will no longer automatically raise premiums if drivers get points due to speed cameras, saying "points alone can no longer be used as a yardstick for driver evaluation." Currently in Britain, getting 12 points means losing your license. With 6,000 cameras nabbing two million speeders annually, and mobile phone infractions earning three points, Swinton says "a few years ago insurers might have assumed that a motorist with six or more points on their license was a reckless driver, but that is no longer necessarily the case." With the suggestion that drivers with 6 points could be viewed as "standard," six could become the new zero. We can't wait for that kind of sense to make it this way. Allstate? You listening?
[Source: Daily Mail]