SafeCo Of Seattle Recently Signed With Italys Octo Telematics, Which Has Installed More Than 1.2 Million Of The Devises In Car Throughout Europe.
January 30, 2012 by EINSURANCE Tweet How much is car insurance for a teenage driver? The short answer: a lot. There are several reasons why and some things you can do to lessen the drain on your bank account if you have a teen in the house. Insurance companies determine car insurance premiums for all of us by assessing various factors. Age is just one of them. In the case of a young driver, the insurance company reasons that a lack of experience equates to a greater risk of an accident happening, which drives up costs. Dont believe it? Consider this stat from AAA: In 2006 (latest data available) crashes involving drivers 15 to 17 cost more than $34 billion nationwide in medical treatment, property damage and other costs. An inexperienced driver is more likely to take risks that a more experienced driver would avoid, more likely to underestimate dangerous driving conditions and more likely to panic and over-react.
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