Why Car Insurance For Teens is More Expensive

When you have a teen who’s getting ready to drive, you’ll find that your child’s auto insurance isn’t as cheap as it is for yourself, unless you’ve got a really bad driving record. What’s that for? Teen auto insurance in Canada is more expensive because teens become more riskier drivers to cover.To fiind more info, surviving a motorcycle accident

Lower Accident Rates

The U.S. and Canada also encourage teenagers to drive, but statistics suggest that this might not be the best choice. The National Highway Traffic Safety Administration reported in the United States in 2007 that 13 per cent of all drivers in fatal car accidents were between the ages of 15 and 20. Although this percentage is falling, as it was 9.1 percent up in 2006, it is still a danger. The statistics rise to 15 percent of all reported police crashes that were not necessarily fatal. Statistics in Canada are similar. Many figures indicate that teenagers are as likely as adolescents to get involved in a fatal accident as four times as likely as adolescents.

The fact that many teenagers drive while intoxicated lies on top of that. MAADD of Canada estimates that 40 percent of teenage drivers killed in traffic collisions were involved in such incidents because they drank. Statistics suggest that teens are less likely to drive after drinking than older adults, but those who do are at greater risk of getting into a crash than adults. Those two findings mean young drivers have to pay more for drivers’ compensation plans in Canada.

Possible Grounds for Risk

Why are teens at higher risk to get involved in a car crash than older adults? Researchers say there are two explanations for that. First, many teens are risky drivers because they don’t always think through the implications of their actions. They may drive too fast to get to school on time or have other passengers in their cars easily distract them. They are also more likely than an adult to text or speak on the phone while driving, despite bans on such actions.

The consideration is lack of experience. Teens simply have less time behind the wheel than most adult drivers, which makes it much more likely they’ll be in a crash. For this reason, motor vehicle crashes are the leading cause of death among adolescents in North America. Indeed, about 11 percent of all driver deaths in Canada are teen drivers, and teen drivers are responsible for more than 20 percent of all passenger deaths. Auto insurance insurers in Canada understand this, and as a result offer higher premiums.