Re: To old to drive?
Insurance rates are not set by whim; they are the result of actuarial science. Therefore, if the insurance companies charge higher rates for drivers under the age of 25, it is because those drivers tend to have more accidents ... this is also true for the elderly. Most insurers also set rates for individual drivers based on the number of times they have made a claim ... I am 64 (never thought that when I first heard that song, that I would ever reach this age), and have never made a claim. For full coverage on my vehicle, I pay just under $500.00 a year. My insurer obviously thinks, that even in my dotage, I am a good risk. However, when I reach my three score years and ten, I will be required by MTO (Ministry of Transport, Ontario ... every province has it's own regs.) to take an annual road test.
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