Losing your license is a major deterrent as well: as someone who finds driving a waste of time I cannot understand why rich people do it, but they do and they get extremely upset if that privilege is taken away. So 3 times and you lose your license for life? That would solve the reckless behavior and cannot be fixed with money. Ofcourse for less well off people this would be very bad (maybe not being able to go to work etc) but then again; they had 2 opportunities to better themselves.