I REFER to your article in May's Motoring Post regarding insurance for disabled drivers.
In the absence of statistics on the driving record of disabled drivers, underwriters can only follow their normal underwriting practices.
For example, if a driver cannot show he or she is entitled to a no-claim bonus, then it is most likely that gross premiums and excesses will be higher than for a driver with proven experience.
A high-powered sports car, driven by a 25-year-old, single male, will usually attract a loading.
A modified car will also usually attract a loading. These are a range of examples that can be quoted.
Every driver and vehicle legally on the road is licensed or certificated, according to the law, but the combination of driver and vehicle does not represent the same level of risk in every case - far from it.
In Hongkong, the pool of vehicles is rather small, and statistics are only available in broad categories, which leaves underwriters with the task of making decisions which are - often enough - based on informed intuition.