Subsidising unsafe road use

Motor accident regulation of compulsory third party (CTP) insurance in Australia and New Zealand has the effect of taxing safe-road use and subsidising unsafe road-use. This regulation has significant safety consequences as it inhibits insurers from encouraging road safety. In the UK, where the regulatory environment is different, there is a rapid growth in technology-enabled usage based insurance (UBI). UBI is being used to encourage safer driving, particularly among high risk groups. In the absence of reform to CTP regulation, there is a high possibility that in this decade Australia and New Zealand will fall significantly behind the UK in reducing the road toll.

• Record URL:
  http://acrs.org.au/wp-content/uploads/ACRSjournalinsideVol24No2may13WEB.pdf
• 
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/18329497
• Authors:
  • Tooth, R
• Publication Date: 2013

Language

• English

Media Info

• Pagination: 52-5
• Serial:
  • Journal of the Australasian College of Road Safety
  • Volume: 24
  • Issue Number: 2
  • Publisher: Australasian College of Road Safety
  • ISSN: 1832-9497

Subject/Index Terms

• TRT Terms: Automobile insurance; Costs; Crashes; High risk drivers; Incentives; Insurance; Traffic regulations; Vehicle miles of travel
• Uncontrolled Terms: Safe systems (road users)
• Geographic Terms: Australia; New Zealand
• ATRI Terms: Crash costs; Crash proneness; Incentive; Insurance; Vehicle kilometre
• ITRD Terms: 292: Vehicle mile
• Subject Areas: Safety and Human Factors; I83: Accidents and the Human Factor;

Filing Info

• Accession Number: 01483748
• Record Type: Publication
• Source Agency: ARRB
• Files: ITRD, ATRI
• Created Date: Jun 13 2013 12:23PM