Insurance worries – young drivers feel priced off the road
For most young drivers it is pretty common knowledge nowadays that insurers simply don’t want you. Insurance companies are trying to charge young drivers an extortionate amount of money which no normal person can afford as it seems they do not want the hassle which is associated with young drivers.
Apparently, young drivers are more likely to be distracted at the wheel of a car thus causing more accidents to them and surrounding vehicles which sends the cost of young driver policies rocketing through the roof. T
Teen Drivers Play the Blame Game
A recent report highlighted teen drivers’ critical errors that are often one of the last in a chain of events leading up to a crash. Seventy-five percent of these crashes were due a critical teen driver error, with three common errors— lack of scanning to detect and respond to hazards, going too fast for road conditions and being distracted by something inside or outside the vehicle—accounting for nearly half of all serious crashes.
Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends.
However, a new study by Liberty Mutual Insurance and Students Against Destructive Decisions (SADD) indicates teens won’t admit to being at fault. The stu
4 Tips to Slash Your Car Insurance for Young Drivers Costs
If you are in the process of buying insurance for a teen driver, then you know that car insurance for young drivers can be very expensive to purchase. If your monthly premiums are taking a bug jump thanks to a teen driver in your family, you want to find the cheapest car insurance possible without sacrificing safety and without leaving yourself open to gaps that could cause lawsuits and huge financial losses.
Why are teen drivers so expensive to insure? Well, statistically speaking, teen drivers engage in behavior that makes it more likely that they will be involved in a car accident.