21 Should be the legal driving age around the world - ENDS 10 APRIL, 2017

[scottish]

The amount of insurance per city is actually based upon the area it covers and the amount of people driving. So for example; people in Toronto where the population per square kilometer, is much greater than a smaller city, let's say Halifax, Nova Scotia that the insurance would be more due to the higher rate of accident.
So would you not think that the insurance would decrease because of the drivers on the road to decrease?

But interesting thoughts.
I'll reply a bit more on your other points a bit later.

No because there's about 60 different factors in the insurance cost as well (crime rate in the postcode, car break ins/reported stolen cars, accident rate in the area, profession, car info, etc). If you remove 17-20 year olds from the insurance that wipes off insurers most profitable age range (first time drivers <21/25 are the ones paying £2k+ a year for their first year, vs what £500 a year when you're 25+). So for every young driver you've now blocked from driving they have lost the equivalent of 4+ 25+ year olds (based on assumption 25+ is £500 a yr vs £2k for a 18-21).

Insurers aren't going to say oh okay to recover this cost we'll decrease the rate of insurance for everyone else, common sense. All prices will be raising to cover their loss of these younger drivers.

Insurance would 100% not decrease.

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Mhmm, you are correct on that one.
But insurance companies have many locations, so they already know that they have teenagers/young adults (20-21yrs) coming into time to get their license, so they'll need to be insured.

I guess then what I should have said is that their equation to produce a price per driver will need to be based with more variables so that a new, maybe more expensive price, is produced.

Good point made.

Insurance isn't based on 1 factor as it stands, unless Canada is backwards.

[Brad]

No because there's about 60 different factors in the insurance cost as well (crime rate in the postcode, car break ins/reported stolen cars, accident rate in the area, profession, car info, etc). If you remove 17-20 year olds from the insurance that wipes off insurers most profitable age range (first time drivers <21/25 are the ones paying £2k+ a year for their first year, vs what £500 a year when you're 25+). So for every young driver you've now blocked from driving they have lost the equivalent of 4+ 25+ year olds (based on assumption 25+ is £500 a yr vs £2k for a 18-21).

Insurers aren't going to say oh okay to recover this cost we'll decrease the rate of insurance for everyone else, common sense. All prices will be raising to cover their loss of these younger drivers.

Insurance would 100% not decrease.

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Insurance isn't based on 1 factor as it stands, unless Canada is backwards.

The list of variables that contribute, that I know, include; Age, Gender, Location, Year of Vehicle, Amount of Accident/tickets on record.
Other than that, they may use other variables in which are not displayed publicly.

I do agree, that insurance wouldn't drop, but would give insurance companies incentives to try and keep their customers as well. If one insurance company is lower, everyone will go get licensed through them.

Great post!

Also, I forgot to mention; a majority of those individuals ages 17-21 do not have their own license but are registered as secondary drivers on their parents insurance. Getting/Having a vehicle is something that some teenagers don't get until they graduate from highschool, to they'd be 18 anyways coming out.

[scottish]

The list of variables that contribute, that I know, include; Age, Gender, Location, Year of Vehicle, Amount of Accident/tickets on record.
Other than that, they may use other variables in which are not displayed publicly.

I do agree, that insurance wouldn't drop, but would give insurance companies incentives to try and keep their customers as well. If one insurance company is lower, everyone will go get licensed through them.

Great post!

Everything contributes, like I said your post code is a main factor due to reported crimes in your neighbour (thus the likelihood that your car will be randomly damaged/stolen based on crime ratings in your postcode), the cost of the car, the engine size of the car, profession (i.e. pretty sure security guards and the like have higher premiums than someone doing a 9-5 office job, then obviously someone like a police officer, paramedic etc will receive lower premiums), size of vehicle, safety rating of vehicle, your activity when driving (e.g. if you do 3,000 a miles a year you're a lot less risky than someone doing 20,000), car mods, NCB, excess, medical conditions, car security, etc.

Insurers will never publicly display what goes into their calculation for the rates they charge. Regarding incentives they already have that due to the mass amounts of insurance companies and underwriters.

[Landon]

The legal age is 18 at which point you are an adult.

The legal age to start driving with your parents in the passenger seat in my state is 14, whereas the age where you can get to school and work on your own is 15. Finally, when you turn 16, you are completely free.

[scottish]

The legal age to start driving with your parents in the passenger seat in my state is 14, whereas the age where you can get to school and work on your own is 15. Finally, when you turn 16, you are completely free.

Where?

From what I can see 14-16 in your state is Instruction Permit, unrestricted license is 17 (under 18 requires 50 hr driving affidavit).

If any state does genuinely allow under 17/18 to drive then that would be more logical to increase the age to 17/18 like most places in the world if they really are a danger due to their lack of understanding of vehicles.

[Landon]

Where?

From what I can see 14-16 in your state is Instruction Permit, unrestricted license is 17 (under 18 requires 50 hr driving affidavit).

If any state does genuinely allow under 17/18 to drive then that would be more logical to increase the age to 17/18 like most places in the world if they really are a danger due to their lack of understanding of vehicles.

14 to 16 is when it can be held - not when it is active. If you drive your hours before 15 and hand it in on that date, then you move to a restricted license. Means to and from work and school. When you turn 16 you are 'completely free' as in able to drive around when you want from 5am to 9pm. Then, when you are 16 and a half, your time restriction falls off therefore you are a normal driver.

The only thing that changes at 17 is the title of the license and 1) the amount of passengers you carry 2) the ability to call on the road

http://www.drivinglaws.org/teen/kansast.php

[scottish]

That's what I read when mentioning the above. Only the farm permit allows driving between 5-9, to work/school etc?

So you need to reside in a farm or be employed in a farm.

[Landon]

That's what I read when mentioning the above. Only the farm permit allows driving between 5-9, to work/school etc?

So you need to reside in a farm or be employed in a farm.

No sir! What I just said is for everyone. Farmers have different rules ahaha.

So for instance, I'm a city slicker. Got my instructional at 14 and was driving to school by 15. They have quite a few different sections in that list.

[scottish]

Oh, okay so you require 50 hours of driving before you can get that (based on restricted license for 16y/o rather than farm license).

50 hours is more driving than 90% of the UK do before sitting their test.

In your case, at 15 to have the restricted license you required 25 hours (again, I believe this is more than half the people in the UK take before sitting the test and getting a full unrestricted license).

[Landon]

Oh, okay so you require 50 hours of driving before you can get that (based on restricted license for 16y/o rather than farm license).

50 hours is more driving than 90% of the UK do before sitting their test.

In your case, at 15 to have the restricted license you required 25 hours (again, I believe this is more than half the people in the UK take before sitting the test and getting a full unrestricted license).

Yep, so in essence if you don't have your 25 by 15 then you don't get your restricted and need your 50 by 16 or you don't get your license. It's literally a new physical card.