Another limiting factor is that Motability joined forces with RSA some time ago to run a dedicated insurance company specific to it’s lease cars, with Motability becoming liable for financial losses incurred. The price and power restrictions help to reduce the historically calculated risk.
Sounds like a win win situation for RSA and I wonder if that breaks competition rules.
As far as the under 25 rules go, and this goes for all young drivers, is nothing more than ageism against the young and even though there’s always been a penalty against young drivers even when I first drove back in the 70’s it’s become a nice little earner now as Arthur Daley would say just because there is a minority of young hooligans on the road that don’t give a Monkeys about anyone and won’t do even when there 35 years old and will never grow up.
Now I know there is a slightly higher risk in under 21 drivers as seen in countless adverts on TV with cars packed with young driver and passengers singing their favourite songs while swinging left to right and head banging but not a word is said about that image the media portray.
Whatever happened to innocent until proved guilty and what is a no claims bonus for, oh yes I forgot, its for the insurance companies to charge a premium to protect it, another nice little earner Terry.