Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Public policy

In many Jurisdictions it is compulsory to have vehicle insurance before using or keeping a motor vehicle on public roads. Most jurisdictions relate insurance to both the car and the driver, however the degree of each varies greatly.

A 1994 study by Jeremy Jackson and Roger Blackman[1] showed, consistent with the risk homeostasis theory, that increased accident costs caused large and significant reductions in accident frequencies.



This post first appeared on Insurance, please read the originial post: here

Share the post

Public policy

×

Subscribe to Insurance

Get updates delivered right to your inbox!

Thank you for your subscription

×