Teen Driving

Archive for April, 2009

Beat the Odds: Teen GPS Tracking and Automobile Insurance Rates

Thursday, April 16th, 2009

Shortly after a teenager earns their first driver’s license, a sad reality sinks in: Car insurance costs are sky-high.

It’s no secret that new drivers in their teens and 20s have the highest rates of insurance. All the major insurance carriers base their rates on risk factors, and statistically, teen drivers are poor drivers. (more…)

Teen Driving Facts:

Total cost of teen crashes: $34.4 billion
Fatal crashes cost: $9.8 billion
Cost per fatality: $3.8 million
Total cost of injuries: $20.5 billion
Per injury cost: $50,512
Property damage costs: $4.1 billion

More Teen Driving Facts


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