Why are the teenager auto insurance rates so high?
Devashree : I am a teenager and I do not understand why the insurance companies are charging such a high premium to my group?
Teen autoins: Devashree, I can understand that any teenager would think that the insurance companies are not fair to the teenagers. The teenager car insurance quotes are higher by almost 100% to 50% than adults. The insurance companies base their auto insurance rates according to their claim experience. You will be interested and surprised to know the following facts of USA teenager auto insurance which has been indicated by Statistics :
Teenage Driver Facts:
Deaths. Each Year over 5,000 teenagers between the age group of 16 to 20 are fatally injured in auto accidents . About 400,000 drivers age 16 to 20 will be seriously injured.
Stats. Teenagers are about 10 percent of the US Population but account for 12 percent all Fatal Car Crashes.
This indicates that the risk of being involved in a car accident the highest for this group than it is for any other age group. For each mile driven, teen drivers ages 16 to 19 are about four times more likely than other drivers to crash. (Source: Car-accidents.com)
Young drivers need to be more careful in driving, if they want to bring down the auto insurance rates.
Yes, but you can beat the teen auto insurance rates and get cheap car insurance rates by just comparing auto insurance quote online. Do this – see the result for yourself.
God bless.
Teenautoins.
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