Opinion / Forum Trends

Should 'luxury car insurance' be mandatory?

( Updated: 2015-05-22 07:18

Brandon (UK)

If we want to write this into the law, we should take many details into consideration. First, we should give a definition to “luxury car.” I Insurance companies may oppose it because generally speaking, before they insure luxury cars, they will consider many factors, such as the driving skills and driving records of the drivers. If the drivers are more likely to break traffic rules, they may not agree to insure their cars.

Should 'luxury car insurance' be mandatory?

An electric bicycle hit a Bentley in Shijiazhuang, Hebei province on Dec.14, 2014. [Photo/CFP]

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